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Apartment in Limassol
5049, Cyprus
REF: 795954
€600,000
Description
Fantastic 3 bedroom Sea Front Apartment near Limassol Marina An apartment is located in a well-mentained 8 storey residental building, which was built in 1988. It was just renovated and has a security entrance and a new lift. In just meters from the sea, in few minutes walking from Limassol Marina and all amenities of the cosmopolitic city, with its night life, business center and magnetic old town, this apartment gives you an opportunity to take all advantages of Limassol! Russian School is in walking distance. An aprtment with beautiful sea views is located on the fourth floor , has just been fully renovated, with full electrical equipment, fully airconditioned, with new water heating system, new furniture, ready to move in. One family bathroom + guest toilet. 120 m2 of covered area and 8 m2 of uncovered veranda. Communal charges 60 per month. There is a municipality parking opposite the building. Title deeds available.
Fantastic 3 bedroom Sea Front Apartment near Limassol Marina An apartment is located in a well-mentained 8 storey residental building, which was built in 1988. It was just renovated and has a security entrance and a new lift. In just meters from the sea, in few minutes walking from Limassol Marina and all amenities of the cosmopolitic city, with its night life, business center and magnetic old town, this apartment gives you an opportunity to take all advantages of Limassol! Russian School is in walking distance. An aprtment with beautiful sea views is located on the fourth floor , has just been fully renovated, with full electrical equipment, fully airconditioned, with new water heating system, new furniture, ready to move in. One family bathroom + guest toilet. 120 m2 of covered area and 8 m2 of uncovered veranda. Communal charges 60 per month. There is a municipality parking opposite the building. Title deeds available.
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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 €600,000 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 |
|---|---|---|---|
| €600,000 | £496,986 | £515,670 | £18,684 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £496,986 |
| Maximum cost in the last six months | £515,670 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,684 |
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 €600,000 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 |
|---|---|---|---|
| €600,000 | £496,986 | £515,670 | £18,684 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £496,986 |
| Maximum cost in the last six months | £515,670 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,684 |
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 £18,684 more.
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