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Apartment, For Sale, Limassol, Zakaki
Zakaki, Cyprus
REF: 771421
€380,000
Description
We are happy to present to you this beautiful, modern design, three bedroom whole floor apartment, located in Zakaki area in a small building with only 3 apartments. The apartment is situated on the first floor of a 3 storey building, with only 1 apartment on each floor. It has internal area 96sqm plus 18sqm covered verandas. It has open plan kitchen with living room and dining area, guest wc, main bathroom and three good size bedrooms. It is equipped with a/c and electric heating provisions, or the potential buyer has the choice to change to under floor heating with additional cost,and transform the apartment into a smart house as well. All the apartments have their own covered parking and storage room. The excellent location of the building provides very easy access into the city and its only a minute drive away from Limassol Casino Resort and My Mall, and around 5 minutes away from Limassol Marina. The apartment is suitable for own use or for investment purposes.
We are happy to present to you this beautiful, modern design, three bedroom whole floor apartment, located in Zakaki area in a small building with only 3 apartments. The apartment is situated on the first floor of a 3 storey building, with only 1 apartment on each floor. It has internal area 96sqm plus 18sqm covered verandas. It has open plan kitchen with living room and dining area, guest wc, main bathroom and three good size bedrooms. It is equipped with a/c and electric heating provisions, or the potential buyer has the choice to change to under floor heating with additional cost,and transform the apartment into a smart house as well. All the apartments have their own covered parking and storage room. The excellent location of the building provides very easy access into the city and its only a minute drive away from Limassol Casino Resort and My Mall, and around 5 minutes away from Limassol Marina. The apartment is suitable for own use or for investment purposes.
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Currency Exchange
Zakaki, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €380,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €380,000 | £313,082 | £326,591 | £13,509 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £313,082 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,509 |
Zakaki, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €380,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €380,000 | £313,082 | £326,591 | £13,509 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £313,082 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,509 |
The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £13,509 more.
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