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Penthouse Apartment in Germasogeia
5459, Cyprus
REF: 796249
€2,200,000
Description
Four bedroom penthouse apartment in a new development located in Germasogeia, Limassol. The building is located in a neighborhood that offers convenient access to amenities such as schools, shopping centers, parks, public transportation, and other desirable features. It is in close proximity to employment opportunities and is only 1km from one of the best beaches of Limassol. Development is under construction. Delivery - July 2024 Price plus VAT Title deeds available 3rd floor Internal Area: 221 sqm Covered Veranda: 115 sqm Uncovered Veranda: 71 sqm Total Covered Area: 407 sqm Store Room: 10 sqm A five-flat building situated in the most prestigious area of Limassol (Yermasogeia) with top-quality finishings is an attractive property for both tenants and potential buyers. Here are some characteristics that you might expect from such a building: High-Quality Finishings: The flats will have premium finishes and materials, showcasing attention to detail and a focus on quality. This will include features like floor heating and high-end tile flooring, granite countertops, and luxurious bathrooms with high-quality fixtures. Well-Designed Layouts: The flats have well-thought-out layouts that maximize space utilization and functionality. Each unit offers a spacious living area, well-proportioned bedrooms, and an efficient kitchen and dining area. Open-concept designs, large windows for natural light, and large terraces. Energy Efficiency: Energy-efficient features such as double-glazed windows, insulation, efficient heating, and provisions for VRV cooling systems. Parking and Outdoor Spaces: The building provides designated parking spaces for residents. Additionally, there will be outdoor communal spaces, such as gardens and patios.
Four bedroom penthouse apartment in a new development located in Germasogeia, Limassol. The building is located in a neighborhood that offers convenient access to amenities such as schools, shopping centers, parks, public transportation, and other desirable features. It is in close proximity to employment opportunities and is only 1km from one of the best beaches of Limassol. Development is under construction. Delivery - July 2024 Price plus VAT Title deeds available 3rd floor Internal Area: 221 sqm Covered Veranda: 115 sqm Uncovered Veranda: 71 sqm Total Covered Area: 407 sqm Store Room: 10 sqm A five-flat building situated in the most prestigious area of Limassol (Yermasogeia) with top-quality finishings is an attractive property for both tenants and potential buyers. Here are some characteristics that you might expect from such a building: High-Quality Finishings: The flats will have premium finishes and materials, showcasing attention to detail and a focus on quality. This will include features like floor heating and high-end tile flooring, granite countertops, and luxurious bathrooms with high-quality fixtures. Well-Designed Layouts: The flats have well-thought-out layouts that maximize space utilization and functionality. Each unit offers a spacious living area, well-proportioned bedrooms, and an efficient kitchen and dining area. Open-concept designs, large windows for natural light, and large terraces. Energy Efficiency: Energy-efficient features such as double-glazed windows, insulation, efficient heating, and provisions for VRV cooling systems. Parking and Outdoor Spaces: The building provides designated parking spaces for residents. Additionally, there will be outdoor communal spaces, such as gardens and patios.
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Currency Exchange
5459, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,830,136 | £1,893,364 | £63,228 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,830,136 |
| Maximum cost in the last six months | £1,893,364 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,228 |
5459, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,830,136 | £1,893,364 | £63,228 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,830,136 |
| Maximum cost in the last six months | £1,893,364 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,228 |
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 £63,228 more.
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