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Apartment Penthouse in Germasogeia Village, Limassol
5459, Cyprus
REF: 831760
€650,000
Description
Reference ID: #SA34207Price details: 650,000Three plus one Bedrooms Penthouse apartment with unobstructed views in Germasogeia village, Limassol district.The apartment was erected in 2009 with luxurious finishes and consists of a living area, kitchen with dining area, guest WC, an office/ small bedroom, two bedrooms en-suite with shower and a master bedroom with en-suite bathroom/ jacuzzi, and two covered verandas. It also has a terrace of 80 sqm that consists of a BBQ area, electric shaded pergola and living area. It has a specific right of use of a maids room on the ground floor, storage room and covered parking space. Externally, there is a communal swimming pool, showers, garden and gated entrance. It has a covered internal area of 138 sqm, covered verandas of 34 sqm and uncovered verandas of 5 sqm. No VAT
Reference ID: #SA34207Price details: 650,000Three plus one Bedrooms Penthouse apartment with unobstructed views in Germasogeia village, Limassol district.The apartment was erected in 2009 with luxurious finishes and consists of a living area, kitchen with dining area, guest WC, an office/ small bedroom, two bedrooms en-suite with shower and a master bedroom with en-suite bathroom/ jacuzzi, and two covered verandas. It also has a terrace of 80 sqm that consists of a BBQ area, electric shaded pergola and living area. It has a specific right of use of a maids room on the ground floor, storage room and covered parking space. Externally, there is a communal swimming pool, showers, garden and gated entrance. It has a covered internal area of 138 sqm, covered verandas of 34 sqm and uncovered verandas of 5 sqm. No VAT
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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 €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 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 €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 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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