Penthouse Apartment in Larnaca

5770, Cyprus

For Sale

€1,500,000

REF: 795892 €1,500,000


3

2

166 m2

Description

Three bedroom luxury penthouse apartment within a new residential building located in the center of Larnaca. This residential building is a fresh and exclusive residential vestment opportunity situated in a prime location in the center of Larnaca. This fusion of luxury design apartments and surrounding natural beauty is in a close proximity to many amenities, making it the ideal opportunity to invest in a prime and futureproof real estate, with high resale and rental value.

The development is characterized by its extravagant architectural design and its breath-taking panoramic views of the sea and the Salt Lake. This penthouse has a private swimming pool and jacuzzi. Balcony: 81 sqm OVERVIEW: - 8-storey building -Spacious open-plan kitchen, living room & dining area -Verandas -Private car park SPECIAL FEATURES: -Built in wardrobes -Fitted kitchen -Quality ceramic floor tiles -European sanitary ware -Double glazed windows and veranda doors -Solar heating system for hot water -Main entrance with intercom system Price+VAT Delivery July 2024
Three bedroom luxury penthouse apartment within a new residential building located in the center of Larnaca. This residential building is a fresh and exclusive residential vestment opportunity situated in a prime location in the center of Larnaca. This fusion of luxury design apartments and surrounding natural beauty is in a close proximity to many amenities, making it the ideal opportunity to invest in a prime and futureproof real estate, with high resale and rental value.

The development is characterized by its extravagant architectural design and its breath-taking panoramic views of the sea and the Salt Lake. This penthouse has a private swimming pool and jacuzzi. Balcony: 81 sqm OVERVIEW: - 8-storey building -Spacious open-plan kitchen, living room & dining area -Verandas -Private car park SPECIAL FEATURES: -Built in wardrobes -Fitted kitchen -Quality ceramic floor tiles -European sanitary ware -Double glazed windows and veranda doors -Solar heating system for hot water -Main entrance with intercom system Price+VAT Delivery July 2024
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Property on Map

#ED-PA801

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 €1,500,000 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
€1,500,000 £1,242,465 £1,289,175 £46,710
Property Price € €1,500,000
Minimum cost in the last six months £1,242,465
Maximum cost in the last six months £1,289,175
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,710

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 €1,500,000 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
€1,500,000 £1,242,465 £1,289,175 £46,710
Property Price € €1,500,000
Minimum cost in the last six months £1,242,465
Maximum cost in the last six months £1,289,175
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,710

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 £46,710 more.

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