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D-0537-B 2 Bedroom Apartment For Sale in Geroskipou
Pavlou Krinaiou, Geroskipou, Cyprus
REF: 839510
€280,000
Description
PRICES FROM 280,000+VAT Stunning two bedroom apartment on the edge of Geroskipou, a short drive from Paphos town centre with amenities close by. The property features an ultra-modern open plan kitchen and a spacious living-dining room that opens out to the covered balcony, offering the opportunity for a seating area for alfresco dining while entertaining family and guests. The two generously sized bedrooms include fitted wardrobes, plus there are two shower rooms to complete this lavish apartment. Additionally, residents of this property have access to allocated covered parking and a private storage room. This is a perfect investment opportunity for buyers seeking a permanent residence in a beautiful location or a holiday home just a short drive to the beach with excellent rental potential. 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 a 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 and it is only a short drive from Paphos Town.
PRICES FROM 280,000+VAT Stunning two bedroom apartment on the edge of Geroskipou, a short drive from Paphos town centre with amenities close by. The property features an ultra-modern open plan kitchen and a spacious living-dining room that opens out to the covered balcony, offering the opportunity for a seating area for alfresco dining while entertaining family and guests. The two generously sized bedrooms include fitted wardrobes, plus there are two shower rooms to complete this lavish apartment. Additionally, residents of this property have access to allocated covered parking and a private storage room. This is a perfect investment opportunity for buyers seeking a permanent residence in a beautiful location or a holiday home just a short drive to the beach with excellent rental potential. 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 a 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 and it is only a short drive from Paphos Town.
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Currency Exchange
Pavlou Krinaiou, Geroskipou, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
Pavlou Krinaiou, Geroskipou, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
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 £8,719 more.
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