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Apartment in Larnaca
5770, Cyprus
REF: 795689
€550,000
Description
Luxury sea view apartment within a unique development located in the New Marina area, Larnaca This project boasts a very original, affluent and futuristic design of high artistic caliber, with numerous architectural features and exterior finishes. This A class energy efficient building comprises 14 spacious apartments with large veranda areas, en-suite bathrooms, large kitchen, covered parking and storage rooms. The project also sports communal adult and kiddy pools, equipped with both outdoor and indoor shower facilities and extensive landscaped green areas. Very conveniently located near the Radisson-Blu hotel, a mere 2 minutes from the beach and within easy walking distance to the town centre with its many shops, restaurants, cafes bars and other local amenities. The location also offers very easy access onto the highway network. However, being set off the main strip, this location offers you all the benefits of quiet residential living while allowing easy and quick access to Larnaca's popular nightlife. Price+VAT
Luxury sea view apartment within a unique development located in the New Marina area, Larnaca This project boasts a very original, affluent and futuristic design of high artistic caliber, with numerous architectural features and exterior finishes. This A class energy efficient building comprises 14 spacious apartments with large veranda areas, en-suite bathrooms, large kitchen, covered parking and storage rooms. The project also sports communal adult and kiddy pools, equipped with both outdoor and indoor shower facilities and extensive landscaped green areas. Very conveniently located near the Radisson-Blu hotel, a mere 2 minutes from the beach and within easy walking distance to the town centre with its many shops, restaurants, cafes bars and other local amenities. The location also offers very easy access onto the highway network. However, being set off the main strip, this location offers you all the benefits of quiet residential living while allowing easy and quick access to Larnaca's popular nightlife. Price+VAT
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Currency Exchange
5770, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
5770, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
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 £17,127 more.
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