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P-0266-S 3 Bedroom Apartment For Sale in Universal
Andreas Papandreou 15, Universal, Cyprus
REF: 839398
€450,000
Description
Lovely three bedroom penthouse duplex apartment on a sought after complex in the popular Universal area within walking distance of Kato Paphos and the old town. Very spacious open plan living-dining area with a new fully fitted kitchen and breakfast bar. Large patio doors open out to a summer dining area with awnings making it useable during the winter months and the extensive veranda that wraps around two sides of the apartment offers stunning panoramic sea views. A double bedroom is also located on this level. Spiral stairs lead down to two further bedrooms including the master with ensuite facilities and there is a family shower room. Both bedrooms are generous in size and benefit from fitted wardrobes and this level also has a private entrance. The gated complex boasts a large communal pool with an attractive bridge feature and there is a childrens play area. This apartment would make a wonderful family residence or perfect investment opportunity as a holiday home with excellent rental potential. Paphos is a beautiful coastal city in the southwest of Cyprus and the capitalof this district. Paphos is broken down into two parts Kato Paphos (lower) and PanoPaphos (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 Town of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions.
Lovely three bedroom penthouse duplex apartment on a sought after complex in the popular Universal area within walking distance of Kato Paphos and the old town. Very spacious open plan living-dining area with a new fully fitted kitchen and breakfast bar. Large patio doors open out to a summer dining area with awnings making it useable during the winter months and the extensive veranda that wraps around two sides of the apartment offers stunning panoramic sea views. A double bedroom is also located on this level. Spiral stairs lead down to two further bedrooms including the master with ensuite facilities and there is a family shower room. Both bedrooms are generous in size and benefit from fitted wardrobes and this level also has a private entrance. The gated complex boasts a large communal pool with an attractive bridge feature and there is a childrens play area. This apartment would make a wonderful family residence or perfect investment opportunity as a holiday home with excellent rental potential. Paphos is a beautiful coastal city in the southwest of Cyprus and the capitalof this district. Paphos is broken down into two parts Kato Paphos (lower) and PanoPaphos (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 Town of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions.
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Currency Exchange
Andreas Papandreou 15, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
Andreas Papandreou 15, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 £14,013 more.
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