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D-0236-D 3 Bedroom Apartment For Sale in Pano Paphos
Christodoulou Sozou, Agios Theodoros, Cyprus
REF: 839455
€490,000
Description
Located within the heart of the city of Paphos, Pano Paphos, an ultra-modern development features this outstanding three bedroom apartment that is comprised of an open plan living/dining and kitchen area, a laundry room, guest w/c and three inviting bedrooms, all of which benefit from ensuite bathrooms. Lines between interior and exterior are all but erased, with the spacious living area and two of the bedrooms opening out to two large verandas that offer a vast area for alfresco dining, entertaining and relaxing, whilst enjoying panoramic views. The entire development uses cutting edge design and is constructed using materials of the finest quality that any discerning owner would expect. Combined with the build quality of the development, along with the plethora of amenities within close proximity, such as bars, restaurants, shops and supermarkets make this a great investment as a long-term rental, holiday let or permanent residence. 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 Town of Paphos is visually pleasing with many historic colonial buildings which house the area s government institutions.
Located within the heart of the city of Paphos, Pano Paphos, an ultra-modern development features this outstanding three bedroom apartment that is comprised of an open plan living/dining and kitchen area, a laundry room, guest w/c and three inviting bedrooms, all of which benefit from ensuite bathrooms. Lines between interior and exterior are all but erased, with the spacious living area and two of the bedrooms opening out to two large verandas that offer a vast area for alfresco dining, entertaining and relaxing, whilst enjoying panoramic views. The entire development uses cutting edge design and is constructed using materials of the finest quality that any discerning owner would expect. Combined with the build quality of the development, along with the plethora of amenities within close proximity, such as bars, restaurants, shops and supermarkets make this a great investment as a long-term rental, holiday let or permanent residence. 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 Town of Paphos is visually pleasing with many historic colonial buildings which house the area s government institutions.
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Currency Exchange
Christodoulou Sozou, Agios Theodoros, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
Christodoulou Sozou, Agios Theodoros, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
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 £15,259 more.
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