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D-1201-B 2 Bedroom Apartment For Sale in Universal
Sophias Vempo, Universal, Cyprus
REF: 839385
€365,000
Description
Wonderful second floor apartment in the sought after area of Kato Paphos walking distance from the beach and beautiful Harbour area. The secure entry system opens into an attractive entrance lobby with marble flooring where you can access the elevator or marble staircase to all floors. The apartment has a spacious L-shaped open plan living-dining room and quality fitted kitchen finished with marble flooring leading through to two good size double bedrooms with fitted wardrobes and laminate parquet flooring including the master with ensuite facilities and ceramic tiles. The apartment boasts a guest shower room benefitting from marble walls and flooring and the living room and kitchen open onto a large covered veranda perfect for alfresco dining. The complex additionally offers a communal pool and remote control gated access to the allocated private parking where each apartment has a storeroom. Located next to an elementary school with all amenities available nearby this apartment is ideal as a family home or holiday home with excellent rental potential. Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. Paphos is broken down into two parts Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars and nightlife. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program. The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions.
Wonderful second floor apartment in the sought after area of Kato Paphos walking distance from the beach and beautiful Harbour area. The secure entry system opens into an attractive entrance lobby with marble flooring where you can access the elevator or marble staircase to all floors. The apartment has a spacious L-shaped open plan living-dining room and quality fitted kitchen finished with marble flooring leading through to two good size double bedrooms with fitted wardrobes and laminate parquet flooring including the master with ensuite facilities and ceramic tiles. The apartment boasts a guest shower room benefitting from marble walls and flooring and the living room and kitchen open onto a large covered veranda perfect for alfresco dining. The complex additionally offers a communal pool and remote control gated access to the allocated private parking where each apartment has a storeroom. Located next to an elementary school with all amenities available nearby this apartment is ideal as a family home or holiday home with excellent rental potential. Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. Paphos is broken down into two parts Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars and nightlife. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program. The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions.
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Currency Exchange
Sophias Vempo, Universal, 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 €365,000 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 |
|---|---|---|---|
| €365,000 | £303,636 | £314,126 | £10,490 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £303,636 |
| Maximum cost in the last six months | £314,126 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,490 |
Sophias Vempo, Universal, 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 €365,000 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 |
|---|---|---|---|
| €365,000 | £303,636 | £314,126 | £10,490 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £303,636 |
| Maximum cost in the last six months | £314,126 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,490 |
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 £10,490 more.
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