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D-0627-B 3 Bedroom Apartment For Sale in Universal
Sotiraki Markidi, Universal, Cyprus
REF: 839498
€675,000
Description
Exceptional three bedroom penthouse perfectly located in one of the most sought-after areas of Universal, Paphos close to many local amenities such as Kings Avenue Mall and within easy reach of the seafront and Harbour. Lavish property that is comprised of a well sized open plan living/dining and stylish fully fitted kitchen with high-quality cabinets opening out to a large partially covered terrace incorporating a barbeque and ample sitting area perfect for alfresco dining or relaxing while enjoying the views. Three generously sized welcoming bedrooms all benefit from fitted wardrobes, with the master bedroom boasting an ensuite walk-in shower and in addition having access to the main balcony. Plus, there is a full family bathroom that completes this amazing apartment. Each residence within this outstanding development is constructed using high-quality materials and finishes that any discerning owner would expect. Furthermore, residents of the development benefit from facilities such as a tranquil communal swimming pool, a convenient secure storage area and covered parking, which makes this fantastic apartment a perfect investment as a long-term rental, holiday retreat or permanent residence. Universal is a sought-after area conveniently situated between Kato (lower) and Pano (upper) Paphos. In recent years it has become a well-developed residential area that also encompasses tourist accommodation and is popular with locals and tourists alike because of its central location. Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. 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 historic harbour area as well as the old town which is visually pleasing with many historic colonial buildings which house the area s government institutions.
Exceptional three bedroom penthouse perfectly located in one of the most sought-after areas of Universal, Paphos close to many local amenities such as Kings Avenue Mall and within easy reach of the seafront and Harbour. Lavish property that is comprised of a well sized open plan living/dining and stylish fully fitted kitchen with high-quality cabinets opening out to a large partially covered terrace incorporating a barbeque and ample sitting area perfect for alfresco dining or relaxing while enjoying the views. Three generously sized welcoming bedrooms all benefit from fitted wardrobes, with the master bedroom boasting an ensuite walk-in shower and in addition having access to the main balcony. Plus, there is a full family bathroom that completes this amazing apartment. Each residence within this outstanding development is constructed using high-quality materials and finishes that any discerning owner would expect. Furthermore, residents of the development benefit from facilities such as a tranquil communal swimming pool, a convenient secure storage area and covered parking, which makes this fantastic apartment a perfect investment as a long-term rental, holiday retreat or permanent residence. Universal is a sought-after area conveniently situated between Kato (lower) and Pano (upper) Paphos. In recent years it has become a well-developed residential area that also encompasses tourist accommodation and is popular with locals and tourists alike because of its central location. Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. 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 historic harbour area as well as the old town which is visually pleasing with many historic colonial buildings which house the area s government institutions.
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Currency Exchange
Sotiraki Markidi, 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 €675,000 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 |
|---|---|---|---|
| €675,000 | £559,109 | £580,129 | £21,020 |
| Property Price € | €675,000 |
| Minimum cost in the last six months | £559,109 |
| Maximum cost in the last six months | £580,129 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,020 |
Sotiraki Markidi, 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 €675,000 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 |
|---|---|---|---|
| €675,000 | £559,109 | £580,129 | £21,020 |
| Property Price € | €675,000 |
| Minimum cost in the last six months | £559,109 |
| Maximum cost in the last six months | £580,129 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,020 |
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 £21,020 more.
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