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D-0020-B 1 Bedroom Apartment For Sale in Paphos
Filippou Antoniaidi, Agios Theodoros, Cyprus
REF: 839530
€320,000
Description
PRICES FROM 320,000+VAT Beautiful one bedroom first floor apartment situated in a complex featuring just five apartments, conveniently located close to the Town Hall and municipal gardens in the heart of Paphos old town. The property is a stone's throw from the vibrant Kennedy Square with its buzzing night spots and popular covered market. Good size open plan ultra-modern fully fitted kitchen and living/dining area opening out to a balcony perfect for alfresco dining and relaxing with views of the city. The generously sized bedroom benefits from fitted wardrobes and there is a family shower room as well as a guest w/c to complete the apartment's accommodation. Luxurious high-quality fixtures and fittings are featured throughout the property and residents have covered parking, including electric charging points and storage available on the ground floor. Buyers have the option to choose colours of ceramic tiles, fitted cabinets and worktops plus laminate wood flooring is an optional extra if desired. Ideal investment opportunity for permanent residency to suit buyers seeking city centre living while still being in easy reach of the coast and beaches. Alternatively, the apartment would suit an investor looking to rent the apartment long-term or as a holiday let that would be perfect for city breaks with excellent rental potential to maximize the investment. Paphos is located on the southwest coast of the island and is sheltered from the north by the Troodos mountains. It has a temperate climate, one of the healthiest in the whole Mediterranean. Relish mouthwatering delicacies at the numerous restaurants serving both local and international cuisine and offering exceptional value. Enjoy classical opera under the stars in the romantic setting of the medieval castle overlooking Paphos harbour during the numerous summer festivals. Or jive to the latest dance tunes at a plethora of entertainment spots, part of the modern town's varied nightlife.
PRICES FROM 320,000+VAT Beautiful one bedroom first floor apartment situated in a complex featuring just five apartments, conveniently located close to the Town Hall and municipal gardens in the heart of Paphos old town. The property is a stone's throw from the vibrant Kennedy Square with its buzzing night spots and popular covered market. Good size open plan ultra-modern fully fitted kitchen and living/dining area opening out to a balcony perfect for alfresco dining and relaxing with views of the city. The generously sized bedroom benefits from fitted wardrobes and there is a family shower room as well as a guest w/c to complete the apartment's accommodation. Luxurious high-quality fixtures and fittings are featured throughout the property and residents have covered parking, including electric charging points and storage available on the ground floor. Buyers have the option to choose colours of ceramic tiles, fitted cabinets and worktops plus laminate wood flooring is an optional extra if desired. Ideal investment opportunity for permanent residency to suit buyers seeking city centre living while still being in easy reach of the coast and beaches. Alternatively, the apartment would suit an investor looking to rent the apartment long-term or as a holiday let that would be perfect for city breaks with excellent rental potential to maximize the investment. Paphos is located on the southwest coast of the island and is sheltered from the north by the Troodos mountains. It has a temperate climate, one of the healthiest in the whole Mediterranean. Relish mouthwatering delicacies at the numerous restaurants serving both local and international cuisine and offering exceptional value. Enjoy classical opera under the stars in the romantic setting of the medieval castle overlooking Paphos harbour during the numerous summer festivals. Or jive to the latest dance tunes at a plethora of entertainment spots, part of the modern town's varied nightlife.
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Currency Exchange
Filippou Antoniaidi, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
Filippou Antoniaidi, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 £9,965 more.
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