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D-1629-A 2 Bedroom Apartment For Sale in Universal
Nikou Nikolaidi, Universal, Cyprus
REF: 839489
€360,000
Description
Lavish two bedroom apartment on the third floor of a prestigious complex in Universal, Paphos within walking distance of the seafront that leads to the historic Harbour and archaeological park famous for its mosaics. Amenities are within easy reach and the development is on useful bus routes, just a short distance from the Kings Avenue Mall. The property features a spacious open plan living-dining room opening out to a balcony with ample space that is perfect for evening lunches while enjoying the beautiful views of the pool and the complex. The apartment has a well sized fully fitted kitchen with a door to the balcony and the two inviting bedrooms benefit from fitted wardrobes, including the master with an ensuite bathroom. Each property has covered parking and storage available. This sought after complex is set in landscaped gardens boasting three communal pools and a playground for children plus on site restaurant popular with locals and tourists alike. Additional facilities include an indoor pool as well as a sauna, spa and gym, together with a kiosk and pharmacy. Ideal investment opportunity for buyers looking for a superior property in a popular location as a permanent residence or holiday home with the potential for excellent rental returns. 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 in both the seafront and Harbour area as well as the old town. 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 area s government institutions.
Lavish two bedroom apartment on the third floor of a prestigious complex in Universal, Paphos within walking distance of the seafront that leads to the historic Harbour and archaeological park famous for its mosaics. Amenities are within easy reach and the development is on useful bus routes, just a short distance from the Kings Avenue Mall. The property features a spacious open plan living-dining room opening out to a balcony with ample space that is perfect for evening lunches while enjoying the beautiful views of the pool and the complex. The apartment has a well sized fully fitted kitchen with a door to the balcony and the two inviting bedrooms benefit from fitted wardrobes, including the master with an ensuite bathroom. Each property has covered parking and storage available. This sought after complex is set in landscaped gardens boasting three communal pools and a playground for children plus on site restaurant popular with locals and tourists alike. Additional facilities include an indoor pool as well as a sauna, spa and gym, together with a kiosk and pharmacy. Ideal investment opportunity for buyers looking for a superior property in a popular location as a permanent residence or holiday home with the potential for excellent rental returns. 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 in both the seafront and Harbour area as well as the old town. 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 area s government institutions.
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Currency Exchange
Nikou Nikolaidi, 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 €360,000 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 |
|---|---|---|---|
| €360,000 | £302,155 | £310,522 | £8,366 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £302,155 |
| Maximum cost in the last six months | £310,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,366 |
Nikou Nikolaidi, 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 €360,000 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 |
|---|---|---|---|
| €360,000 | £302,155 | £310,522 | £8,366 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £302,155 |
| Maximum cost in the last six months | £310,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,366 |
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 £8,366 more.
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