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Penthouse Apartment in Tombs of the Kings
5715, Cyprus
REF: 796077
€650,000
Description
A new 3 bedroom penthouse apartment conveniently located near British Aspire School, Capital Coast Hotel, and the Tombs of the Kings in Paphos. An exclusive penthouse offers a private terrace garden and a spacious outdoor area, perfect for enjoying panoramic sea and mountain views. The project is targeted for the end of May 2024. Price + VAT BUILT AREA- 115m2 COVERED VERANDA - 36m2 TOTAL COVERED AREA - 151m2 STORAGES - 4.5m2 UNCOVERED VERANDA- 51m2 Parking space - 1 This development offers a total of 7 apartments, featuring a shared swimming pool and private parking. Situated in the sought-after Tombs of the Kings area, it serves as an ideal base for local professionals and individuals seeking a convenient city lifestyle. Within a short walk, residents will find beaches, the harbor, shopping malls, and essential amenities. Highlighted features of the apartments include Italian floors in all areas, laminated floors in the bedrooms, energy efficiency rating of Category A, slimline technology thermal aluminium, built-in kitchens and wardrobes, underfloor heating with water, concealed VRV cooling systems, bathrooms with walk-in showers and wall-mounted toilets, electric car gates with provision for electric car chargers, alarm systems in each property, intercoms at entrance doors, and a gated project with a common swimming pool and covered parking.
A new 3 bedroom penthouse apartment conveniently located near British Aspire School, Capital Coast Hotel, and the Tombs of the Kings in Paphos. An exclusive penthouse offers a private terrace garden and a spacious outdoor area, perfect for enjoying panoramic sea and mountain views. The project is targeted for the end of May 2024. Price + VAT BUILT AREA- 115m2 COVERED VERANDA - 36m2 TOTAL COVERED AREA - 151m2 STORAGES - 4.5m2 UNCOVERED VERANDA- 51m2 Parking space - 1 This development offers a total of 7 apartments, featuring a shared swimming pool and private parking. Situated in the sought-after Tombs of the Kings area, it serves as an ideal base for local professionals and individuals seeking a convenient city lifestyle. Within a short walk, residents will find beaches, the harbor, shopping malls, and essential amenities. Highlighted features of the apartments include Italian floors in all areas, laminated floors in the bedrooms, energy efficiency rating of Category A, slimline technology thermal aluminium, built-in kitchens and wardrobes, underfloor heating with water, concealed VRV cooling systems, bathrooms with walk-in showers and wall-mounted toilets, electric car gates with provision for electric car chargers, alarm systems in each property, intercoms at entrance doors, and a gated project with a common swimming pool and covered parking.
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Currency Exchange
5715, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £540,722 | £559,403 | £18,681 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £540,722 |
| Maximum cost in the last six months | £559,403 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,681 |
5715, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £540,722 | £559,403 | £18,681 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £540,722 |
| Maximum cost in the last six months | £559,403 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,681 |
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 £18,681 more.
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