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Lovely Two bedroom Apartment - Investment Opportunity! Positioned in the prime location of Kato Paphos, this beautifully presented complex is no more than a few minutes drive to the beaches and the Paphos Harbor with its lovely seafront promenade
Universal, Paphos, Cyprus
REF: 794154
€195,000
Description
Lovely Two bedroom Apartment - Investment Opportunity! Positioned in the prime location of Kato Paphos, this beautifully presented complex is no more than a few minutes drive to the beaches and the Paphos Harbor with its lovely seafront promenade. This first floor, 2 bedroom apartment is in the Universal area of Kato Paphos. This development offers a large communal pool, a private storage room with electricity, and designated covered parking. It is only minutes drive to all amenities including bars, shops, and supermarkets. Entering the property there is a spacious open plan dining, lounge, and kitchen area. The kitchen has lots of space for storage and white goods. The lounge area has double glazed sliding patio doors which lead to a covered terrace which is facing the pool area. Here you can entertain family and friends while enjoying the Cypriot summer. Both bedrooms are spacious. Each bedroom has its own shower room or bathroom. Both bedrooms have fitted wardrobes and air conditioning. With being in close proximity to all amenities, this is an ideal investment opportunity or perfect for a holiday home! This property has been well maintained and is key ready! Features, air conditioning, double glazing, lift in the building, large communal swimming pool, designated covered parking, storage room, and fully furnished.
Lovely Two bedroom Apartment - Investment Opportunity! Positioned in the prime location of Kato Paphos, this beautifully presented complex is no more than a few minutes drive to the beaches and the Paphos Harbor with its lovely seafront promenade. This first floor, 2 bedroom apartment is in the Universal area of Kato Paphos. This development offers a large communal pool, a private storage room with electricity, and designated covered parking. It is only minutes drive to all amenities including bars, shops, and supermarkets. Entering the property there is a spacious open plan dining, lounge, and kitchen area. The kitchen has lots of space for storage and white goods. The lounge area has double glazed sliding patio doors which lead to a covered terrace which is facing the pool area. Here you can entertain family and friends while enjoying the Cypriot summer. Both bedrooms are spacious. Each bedroom has its own shower room or bathroom. Both bedrooms have fitted wardrobes and air conditioning. With being in close proximity to all amenities, this is an ideal investment opportunity or perfect for a holiday home! This property has been well maintained and is key ready! Features, air conditioning, double glazing, lift in the building, large communal swimming pool, designated covered parking, storage room, and fully furnished.
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Currency Exchange
Universal, Paphos, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,661 | £167,593 | £6,932 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,661 |
| Maximum cost in the last six months | £167,593 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,932 |
Universal, Paphos, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,661 | £167,593 | £6,932 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,661 |
| Maximum cost in the last six months | £167,593 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,932 |
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 £6,932 more.
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