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Apartment in Limassol
5049, Cyprus
REF: 794663
€288,000
Description
New two bedroom apartment within a project that consists of two three-storey buildings and detached houses. The two buildings are on either side of a quiet road in a residential area in the heart of Limassol. The attractive architecture makes the most of the properties orientation and maximizes the privacy of each apartment. This particular building comprises one 1-bedroom apartment, one 3-bedroom apartment, ten 2-bedroom apartments with different interior layouts. Every unit is marked by its generous spaces and home comfort, and all enjoy the privilege of quiet relaxation. The location of the building offers the best of all worlds: while it is only a short drive from the city center and has easy access to the highway system connecting to all of the island s major cities, the peaceful neighborhood gives off a cozy suburban vibe. Residents benefit from the convenience of being nearby a shopping center, a local school, ship management offices, and other significant businesses. The prominent mall in the city and the upcoming casino resort, City of Dreams Mediterranean, are all just a short drive away. Limassol Marina and the city s main commercial port are also nearby. Long-term inhabitants will be drawn to this ideal location s additional value, whether they are locals or foreigners. They will profit from the area s accessibility to facilities and the highway. Covered Veranda: 17.9 sqm Storage: 2.25 sqm Overview: 3-storey building One 1-bedroom apartment Ten 2-bedroom apartments (master bedroom with ensuite bathroom) One 3-bedroom apartment (master bedroom with ensuite bathroom) Spacious open-plan kitchen, living room and dining area Large verandas Private car park Private storage room on the ground floor Special features: Built-in wardrobes Fitted kitchen Quality ceramic floor tiles Laminate floors in bedrooms European sanitary ware Double glazed windows and veranda doors Water pressure system Solar heating system for hot water Main entrance with intercom system Price+VAT Construction starts 09/2023. Delivery: 18 months from start of construction.
New two bedroom apartment within a project that consists of two three-storey buildings and detached houses. The two buildings are on either side of a quiet road in a residential area in the heart of Limassol. The attractive architecture makes the most of the properties orientation and maximizes the privacy of each apartment. This particular building comprises one 1-bedroom apartment, one 3-bedroom apartment, ten 2-bedroom apartments with different interior layouts. Every unit is marked by its generous spaces and home comfort, and all enjoy the privilege of quiet relaxation. The location of the building offers the best of all worlds: while it is only a short drive from the city center and has easy access to the highway system connecting to all of the island s major cities, the peaceful neighborhood gives off a cozy suburban vibe. Residents benefit from the convenience of being nearby a shopping center, a local school, ship management offices, and other significant businesses. The prominent mall in the city and the upcoming casino resort, City of Dreams Mediterranean, are all just a short drive away. Limassol Marina and the city s main commercial port are also nearby. Long-term inhabitants will be drawn to this ideal location s additional value, whether they are locals or foreigners. They will profit from the area s accessibility to facilities and the highway. Covered Veranda: 17.9 sqm Storage: 2.25 sqm Overview: 3-storey building One 1-bedroom apartment Ten 2-bedroom apartments (master bedroom with ensuite bathroom) One 3-bedroom apartment (master bedroom with ensuite bathroom) Spacious open-plan kitchen, living room and dining area Large verandas Private car park Private storage room on the ground floor Special features: Built-in wardrobes Fitted kitchen Quality ceramic floor tiles Laminate floors in bedrooms European sanitary ware Double glazed windows and veranda doors Water pressure system Solar heating system for hot water Main entrance with intercom system Price+VAT Construction starts 09/2023. Delivery: 18 months from start of construction.
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Currency Exchange
5049, 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 €288,000 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 |
|---|---|---|---|
| €288,000 | £238,553 | £247,522 | £8,968 |
| Property Price € | €288,000 |
| Minimum cost in the last six months | £238,553 |
| Maximum cost in the last six months | £247,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,968 |
5049, 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 €288,000 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 |
|---|---|---|---|
| €288,000 | £238,553 | £247,522 | £8,968 |
| Property Price € | €288,000 |
| Minimum cost in the last six months | £238,553 |
| Maximum cost in the last six months | £247,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,968 |
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 £8,968 more.
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