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Apartment in Panthea
5731, Cyprus
REF: 805428
€375,000
Description
Under construction 2 Bedroom modern apartment in elevated position with spectacular sea and mountain views. PANTHEA AREA is a highly developed Area which has been chosen by the social ELITE for it s tranquillity as it is surrounded mostly by expensive Villas. The main characteristics of the Area is that is situated within short distance from all the amenities and the famous Grammar School of Limassol. Distance to the airport is 40 minutes drive. The Project includes a Communal Swimming Pool and Garden. Each Apartment has its own Photovoltaic System, lowering electricity consumption. Delivery - Summer 2025 Price+VAT 2nd floor Covered area - 81m2 Covered veranda - 21m2 Store room - 8m2 Covered parking - 1 Total -102m2 General features and architectural highlights: 13 Residences including four penthouses, the three are with roof gardens Private gated project Zero energy building class A Concealed Units for Heating and Cooling Video entry system Photovoltaic system for each apartment Exceptional Quality branded sanitary fittings Lavishly design of Carpentry and joinery work Exterior finishes: HPL, aluminium and glass Sunscreens on the balconies Communal Swimming Pool and Garden The Architectural design is breath-taking with security gates, intercom facilities and ample parking. The materials selected for the construction of this project is mostly imported with high tech specification, resistant to long life thus lowering future maintenance costs. The Building is featuring high quality external finishes such as HPL Aluminium and glass.
Under construction 2 Bedroom modern apartment in elevated position with spectacular sea and mountain views. PANTHEA AREA is a highly developed Area which has been chosen by the social ELITE for it s tranquillity as it is surrounded mostly by expensive Villas. The main characteristics of the Area is that is situated within short distance from all the amenities and the famous Grammar School of Limassol. Distance to the airport is 40 minutes drive. The Project includes a Communal Swimming Pool and Garden. Each Apartment has its own Photovoltaic System, lowering electricity consumption. Delivery - Summer 2025 Price+VAT 2nd floor Covered area - 81m2 Covered veranda - 21m2 Store room - 8m2 Covered parking - 1 Total -102m2 General features and architectural highlights: 13 Residences including four penthouses, the three are with roof gardens Private gated project Zero energy building class A Concealed Units for Heating and Cooling Video entry system Photovoltaic system for each apartment Exceptional Quality branded sanitary fittings Lavishly design of Carpentry and joinery work Exterior finishes: HPL, aluminium and glass Sunscreens on the balconies Communal Swimming Pool and Garden The Architectural design is breath-taking with security gates, intercom facilities and ample parking. The materials selected for the construction of this project is mostly imported with high tech specification, resistant to long life thus lowering future maintenance costs. The Building is featuring high quality external finishes such as HPL Aluminium and glass.
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Currency Exchange
5731, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
5731, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
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 £11,678 more.
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