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Apartment, For Sale, Limassol, Zakaki
Zakaki, Cyprus
REF: 790370
€433,000
Description
We are happy to present you this beautiful, modern design, cozy two bedroom penthouse apartment, located in Zakaki just few minutes away from My Mall, the new casino resort and Limassol Marina. The apartment is sitting on the 4th floor (top floor) of a 4 storey building with 7 units on it. It has an internal area of 78sqm plus 19sqm covered veranda, one in front side and another smaller outside the kitchen. The apartment has an open plan kitchen with living room and dining area, main bathroom and two good sized bedrooms. Master bedroom is en suit with toilet and shower. The apartment has also a huge roof garden which has another 37.5sqm covered and 36.5sqm uncovered, with plenty of space for a barbecue area, sitting area etc. It has also all the provisions for extra wc unit or shower. All the apartments owns a storage unit and a covered parking. Easy access to the highway and the city center, close to all the amenities like schools, bus routes, supermarkets and any other amenities needs for the daily routine. The apartment is suitable as an investment also as in the area there is a high demand for rentals.
We are happy to present you this beautiful, modern design, cozy two bedroom penthouse apartment, located in Zakaki just few minutes away from My Mall, the new casino resort and Limassol Marina. The apartment is sitting on the 4th floor (top floor) of a 4 storey building with 7 units on it. It has an internal area of 78sqm plus 19sqm covered veranda, one in front side and another smaller outside the kitchen. The apartment has an open plan kitchen with living room and dining area, main bathroom and two good sized bedrooms. Master bedroom is en suit with toilet and shower. The apartment has also a huge roof garden which has another 37.5sqm covered and 36.5sqm uncovered, with plenty of space for a barbecue area, sitting area etc. It has also all the provisions for extra wc unit or shower. All the apartments owns a storage unit and a covered parking. Easy access to the highway and the city center, close to all the amenities like schools, bus routes, supermarkets and any other amenities needs for the daily routine. The apartment is suitable as an investment also as in the area there is a high demand for rentals.
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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 €433,000 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 |
|---|---|---|---|
| €433,000 | £358,658 | £372,142 | £13,484 |
| Property Price € | €433,000 |
| Minimum cost in the last six months | £358,658 |
| Maximum cost in the last six months | £372,142 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,484 |
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 €433,000 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 |
|---|---|---|---|
| €433,000 | £358,658 | £372,142 | £13,484 |
| Property Price € | €433,000 |
| Minimum cost in the last six months | £358,658 |
| Maximum cost in the last six months | £372,142 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,484 |
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 £13,484 more.
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