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Apartment in Kato Polemidia
5476, Cyprus
REF: 795831
€442,000
Description
Spacious 2-bedroom 5th floor apartment in Kato Polemidia area of Limassol. This modern apartment block is located in a quiet neighborhood, 4km from the nearest organized sandy beach and 2km away from the city s Mall. Everyday amenities from restaurants and shops, banks to supermarkets are less than 2km from the property. Easy access to the motorway, adds additional value to the apartment. The space optimized layout has a very generous feel, with an open-plan kitchen and living area, and the balcony for relaxation. Having a hallway that leads to the bedrooms and bathroom, provides more privacy to the residents of the apartment. The combination of the location, urban comfort and accessibility makes this apartment a convenient base in the cosmopolitan coastal town of Limassol. Buyers interested in real estate for investment purposes will recognize the potential of this block as a property with broad appeal in both the local and expatriate market. Ready Title deed No VAT Airconditioning Units Balcony Fully Furnished Lift Parking Solar Panels Storage Room Built in 2019
Spacious 2-bedroom 5th floor apartment in Kato Polemidia area of Limassol. This modern apartment block is located in a quiet neighborhood, 4km from the nearest organized sandy beach and 2km away from the city s Mall. Everyday amenities from restaurants and shops, banks to supermarkets are less than 2km from the property. Easy access to the motorway, adds additional value to the apartment. The space optimized layout has a very generous feel, with an open-plan kitchen and living area, and the balcony for relaxation. Having a hallway that leads to the bedrooms and bathroom, provides more privacy to the residents of the apartment. The combination of the location, urban comfort and accessibility makes this apartment a convenient base in the cosmopolitan coastal town of Limassol. Buyers interested in real estate for investment purposes will recognize the potential of this block as a property with broad appeal in both the local and expatriate market. Ready Title deed No VAT Airconditioning Units Balcony Fully Furnished Lift Parking Solar Panels Storage Room Built in 2019
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Currency Exchange
5476, 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 €442,000 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 |
|---|---|---|---|
| €442,000 | £366,113 | £379,877 | £13,764 |
| Property Price € | €442,000 |
| Minimum cost in the last six months | £366,113 |
| Maximum cost in the last six months | £379,877 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,764 |
5476, 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 €442,000 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 |
|---|---|---|---|
| €442,000 | £366,113 | £379,877 | £13,764 |
| Property Price € | €442,000 |
| Minimum cost in the last six months | £366,113 |
| Maximum cost in the last six months | £379,877 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,764 |
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 £13,764 more.
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