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D-3203-B 2 Bedroom Apartment For Sale in Paphos
Agios Theodoros, Cyprus
REF: 839468
€260,000
Description
PRICES FROM 230,000+VAT Beautiful two bedroom apartment conveniently located in Agios Theodoros, Paphos on the edge of Paphos town with all amenities in easy reach, just a short drive from the coast. Spacious first-floor property featuring an open plan fully fitted kitchen and living/dining room leading out to a covered balcony perfect for alfresco dining and entertaining family and friends. Two generously sized double bedrooms benefit from fitted wardrobes including the master with ensuite facilities and a family bathroom completes the accommodation. This small building of just eight apartments is in a quiet residential area and residents have off-road parking available. The combination of location and modern architectural design ensures this property is an ideal investment opportunity, either as a permanent residence, or a holiday apartment with excellent rental potential. Agios Theodoros is an area between Universal and Geroskipou known as 7 St Georges because of a local tavern. All amenities are within easy reach and both the seafront and Paphos town are just a short drive away, while the nearby village of Geroskipou has much to offer. Geroskipou is a village to the east of Paphos and is the second largest municipality in the District. This village has a number of characteristics namely its remarkable five-domed Byzantine church of Agia Paraskevi, a folk museum and large traditional square. The area is also known for the production of Cypriot Delight or Lokum as it s known locally. There are plenty of shops, kiosks, restaurants and bars in this village as well as many areas of secluded coastline including the popular Ricco s beach.
PRICES FROM 230,000+VAT Beautiful two bedroom apartment conveniently located in Agios Theodoros, Paphos on the edge of Paphos town with all amenities in easy reach, just a short drive from the coast. Spacious first-floor property featuring an open plan fully fitted kitchen and living/dining room leading out to a covered balcony perfect for alfresco dining and entertaining family and friends. Two generously sized double bedrooms benefit from fitted wardrobes including the master with ensuite facilities and a family bathroom completes the accommodation. This small building of just eight apartments is in a quiet residential area and residents have off-road parking available. The combination of location and modern architectural design ensures this property is an ideal investment opportunity, either as a permanent residence, or a holiday apartment with excellent rental potential. Agios Theodoros is an area between Universal and Geroskipou known as 7 St Georges because of a local tavern. All amenities are within easy reach and both the seafront and Paphos town are just a short drive away, while the nearby village of Geroskipou has much to offer. Geroskipou is a village to the east of Paphos and is the second largest municipality in the District. This village has a number of characteristics namely its remarkable five-domed Byzantine church of Agia Paraskevi, a folk museum and large traditional square. The area is also known for the production of Cypriot Delight or Lokum as it s known locally. There are plenty of shops, kiosks, restaurants and bars in this village as well as many areas of secluded coastline including the popular Ricco s beach.
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Currency Exchange
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 €260,000 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 |
|---|---|---|---|
| €260,000 | £215,361 | £223,457 | £8,096 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £215,361 |
| Maximum cost in the last six months | £223,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,096 |
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 €260,000 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 |
|---|---|---|---|
| €260,000 | £215,361 | £223,457 | £8,096 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £215,361 |
| Maximum cost in the last six months | £223,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,096 |
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 £8,096 more.
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