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Apartment in Tourist Area
5049, Cyprus
REF: 795455
€490,000
Description
Great investment opportunity! Sunshine Luxury Villas is honored to present this new luxury project in the heart of Limassol tourist area! The construction started in December 2018. A new 4 storey residential building is located just one block away from the seafront and provides all the benefits of living next to the sea. The project is a five star collection of nine (9) superior apartments and semi-penthouses (with the option to adjust and expand the capacity when purchasing off-plan) with a contemporary design that united luxury and comfort. The project is an excellent investment option, due to its prime location, in one of the most developed and promised cities of Cyprus, Limassol. It is located only 150m away from the beach. This great option fulfil all the requirements for Cyprus Citizenship and Permanent Residence Schemes. There only 6 apartments left in this building: 3 of two-bedroom apartments - Prices are from EUR 490 000 + VAT to EUR 590 000 + VAT 3 of three-bedroom apartments - Prices are from EUR 690 000 + VAT to EUR 870 000 + VAT
Great investment opportunity! Sunshine Luxury Villas is honored to present this new luxury project in the heart of Limassol tourist area! The construction started in December 2018. A new 4 storey residential building is located just one block away from the seafront and provides all the benefits of living next to the sea. The project is a five star collection of nine (9) superior apartments and semi-penthouses (with the option to adjust and expand the capacity when purchasing off-plan) with a contemporary design that united luxury and comfort. The project is an excellent investment option, due to its prime location, in one of the most developed and promised cities of Cyprus, Limassol. It is located only 150m away from the beach. This great option fulfil all the requirements for Cyprus Citizenship and Permanent Residence Schemes. There only 6 apartments left in this building: 3 of two-bedroom apartments - Prices are from EUR 490 000 + VAT to EUR 590 000 + VAT 3 of three-bedroom apartments - Prices are from EUR 690 000 + VAT to EUR 870 000 + VAT
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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 €490,000 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 |
|---|---|---|---|
| €490,000 | £407,621 | £421,704 | £14,083 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £407,621 |
| Maximum cost in the last six months | £421,704 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,083 |
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 €490,000 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 |
|---|---|---|---|
| €490,000 | £407,621 | £421,704 | £14,083 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £407,621 |
| Maximum cost in the last six months | £421,704 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,083 |
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 £14,083 more.
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