Apartment in PETROS AND PAVLOU AREA OF LIMASSOL

5049, Cyprus

For Sale

€370,000

REF: 795203 €370,000


2

1

75 m2

Description

A luxury apartment in a contemporary Petrou & Pavlou, Limassol. A luxury apartment in Petrou & Pavlou will begin construction in April 2023. Being centrally located you have all amenities nearby including pharmacies, schools, gyms, supermarkets, coffee shops, and more. The building consists of six apartments and two penthouses on three levels with parking spaces and storage rooms.

There are also roof gardens at the top of the residence with individual pools. As well as this, all apartments have electric shutters, double-glazing aluminum-covered verandas, first-class ceramic tiles and laminate parquet, and decorative ceiling lights. The apartments will be offered unfurnished with provision for air conditioning and central heating.

Apartment 101 - Internal covered area: 75sqm - 2 bedrooms - Covered veranda: 10sqm - Price: 370,000 + VAT Apartment 102 - Internal covered area: 76.65sqm - 2 bedrooms - Covered veranda: 10 sqm - Price: 370,000 + VAT Apartment 103 - Internal covered area: 79.45 sqm - 2 bedrooms - Covered veranda: 15sqm - Price: 380,000 + VAT Apartment 201 - Internal covered area: 75sqm - 2 bedrooms - Covered veranda: 10sqm - Price: 380,000 + VAT Apartment 202 - Internal covered area: 76.65sqm - 2 bedrooms - Covered veranda: 10sqm - Price: 380,000 + VAT Apartment 203 - Internal covered area: 79.45sqm - 2 bedrooms - Covered veranda: 10sqm - Price: 390,000 + VAT Apartment 301 - Internal covered area: 115.45sqm - 3 bedrooms - Covered veranda: 10sqm - Uncovered veranda: 64sqm - Roof garden: 21sqm - Price: 650,000 + VAT Apartment 302 - Internal covered area: 117.75sqm - 3 bedrooms - Covered veranda: 10sqm - Uncovered veranda: 64sqm - Roof garden 23sqm - Price: 675,000 + VAT Peyia, located on the southwestern coast of Cyprus, offers a multitude of reasons to consider investing in property within its charming and vibrant community.

Firstly, Peyia benefits from its stunning natural surroundings. Situated on a hillside overlooking the Mediterranean Sea, the area offers breathtaking panoramic views and a pleasant climate characterized by mild winters and long, warm summers. The picturesque landscapes, including rugged cliffs, golden beaches, and lush greenery, create a serene and idyllic setting for residents to enjoy.

The village of Peyia itself has a traditional and welcoming atmosphere, with narrow streets, quaint houses, and local shops. It retains its Cypriot character and offers an authentic Mediterranean experience. Peyia is also in close proximity to the popular Coral Bay, known for its beautiful sandy beaches and crystal-clear waters.

These pristine beaches provide a perfect escape for relaxation, sunbathing, and water sports. Additionally, Peyia offers a range of amenities and facilities to cater to residents' needs. The village has a selection of supermarkets, restaurants, cafes, and other essential services. For a wider variety of options, the bustling town of Paphos is just a short drive away, offering an abundance of shopping centers, entertainment venues, international schools, and healthcare facilities.

Peyia is also an excellent choice for nature lovers and outdoor enthusiasts. The area is surrounded by the stunning Akamas Peninsula, a protected nature reserve famous for its diverse flora and fauna, hiking trails, and natural beauty. Exploring the Akamas Peninsula allows residents to experience the unspoiled wilderness of Cyprus and enjoy activities such as hiking, cycling, and birdwatching.

Another significant advantage of investing in Peyia is its strong rental potential. The village attracts a large number of tourists and holidaymakers throughout the year due to its appealing location and amenities. This presents an opportunity for property owners to generate a steady income by renting out their properties, particularly during the peak holiday seasons. Furthermore, Peyia provides a range of property options to suit different preferences and budgets.
A luxury apartment in a contemporary Petrou & Pavlou, Limassol. A luxury apartment in Petrou & Pavlou will begin construction in April 2023. Being centrally located you have all amenities nearby including pharmacies, schools, gyms, supermarkets, coffee shops, and more. The building consists of six apartments and two penthouses on three levels with parking spaces and storage rooms.

There are also roof gardens at the top of the residence with individual pools. As well as this, all apartments have electric shutters, double-glazing aluminum-covered verandas, first-class ceramic tiles and laminate parquet, and decorative ceiling lights. The apartments will be offered unfurnished with provision for air conditioning and central heating.

Apartment 101 - Internal covered area: 75sqm - 2 bedrooms - Covered veranda: 10sqm - Price: 370,000 + VAT Apartment 102 - Internal covered area: 76.65sqm - 2 bedrooms - Covered veranda: 10 sqm - Price: 370,000 + VAT Apartment 103 - Internal covered area: 79.45 sqm - 2 bedrooms - Covered veranda: 15sqm - Price: 380,000 + VAT Apartment 201 - Internal covered area: 75sqm - 2 bedrooms - Covered veranda: 10sqm - Price: 380,000 + VAT Apartment 202 - Internal covered area: 76.65sqm - 2 bedrooms - Covered veranda: 10sqm - Price: 380,000 + VAT Apartment 203 - Internal covered area: 79.45sqm - 2 bedrooms - Covered veranda: 10sqm - Price: 390,000 + VAT Apartment 301 - Internal covered area: 115.45sqm - 3 bedrooms - Covered veranda: 10sqm - Uncovered veranda: 64sqm - Roof garden: 21sqm - Price: 650,000 + VAT Apartment 302 - Internal covered area: 117.75sqm - 3 bedrooms - Covered veranda: 10sqm - Uncovered veranda: 64sqm - Roof garden 23sqm - Price: 675,000 + VAT Peyia, located on the southwestern coast of Cyprus, offers a multitude of reasons to consider investing in property within its charming and vibrant community.

Firstly, Peyia benefits from its stunning natural surroundings. Situated on a hillside overlooking the Mediterranean Sea, the area offers breathtaking panoramic views and a pleasant climate characterized by mild winters and long, warm summers. The picturesque landscapes, including rugged cliffs, golden beaches, and lush greenery, create a serene and idyllic setting for residents to enjoy.

The village of Peyia itself has a traditional and welcoming atmosphere, with narrow streets, quaint houses, and local shops. It retains its Cypriot character and offers an authentic Mediterranean experience. Peyia is also in close proximity to the popular Coral Bay, known for its beautiful sandy beaches and crystal-clear waters.

These pristine beaches provide a perfect escape for relaxation, sunbathing, and water sports. Additionally, Peyia offers a range of amenities and facilities to cater to residents' needs. The village has a selection of supermarkets, restaurants, cafes, and other essential services. For a wider variety of options, the bustling town of Paphos is just a short drive away, offering an abundance of shopping centers, entertainment venues, international schools, and healthcare facilities.

Peyia is also an excellent choice for nature lovers and outdoor enthusiasts. The area is surrounded by the stunning Akamas Peninsula, a protected nature reserve famous for its diverse flora and fauna, hiking trails, and natural beauty. Exploring the Akamas Peninsula allows residents to experience the unspoiled wilderness of Cyprus and enjoy activities such as hiking, cycling, and birdwatching.

Another significant advantage of investing in Peyia is its strong rental potential. The village attracts a large number of tourists and holidaymakers throughout the year due to its appealing location and amenities. This presents an opportunity for property owners to generate a steady income by renting out their properties, particularly during the peak holiday seasons. Furthermore, Peyia provides a range of property options to suit different preferences and budgets.
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Property on Map

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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 €370,000 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
€370,000 £306,475 £317,997 £11,522
Property Price € €370,000
Minimum cost in the last six months £306,475
Maximum cost in the last six months £317,997
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,522

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 €370,000 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
€370,000 £306,475 £317,997 £11,522
Property Price € €370,000
Minimum cost in the last six months £306,475
Maximum cost in the last six months £317,997
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,522

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 £11,522 more.

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