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D-0545-B 2 Bedroom Apartment for sale in Geroskipou
Geroskipou, Cyprus
REF: 839609
€250,000
Description
PRICES FROM 250,000+VAT Introducing this exciting new apartment complex, situated in the heart of Kato Paphos just three kilometers away from the bustling seafront tourist area. The modern development is nestled within a peaceful residential neighborhood, offering the perfect balance between convenience and tranquility. With only nine apartments, spread over three identical floors, this intimate community provides an exclusive living experience. The thoughtfully designed apartment features both one and two-bedroom options, catering to your individual needs. Each unit comes with allocated parking for added convenience. Whether you're looking for a permanent residence or an investment opportunity, this property's prime location near both tourist attractions and residential areas ensures excellent rental potential and high rental yields. Step inside this two-bedroom apartment, where modern contemporary architectural design awaits. The tailor-made kitchen seamlessly connects to a spacious dining area, flowing into a cozy lounge, creating an inviting and harmonious living space. The apartment includes two spacious double bedrooms with fitted wardrobes, the master also offering en-suite facilities and an additional bathroom for the second bedroom, both with branded sanitary ware, offering both style and functionality. Furthermore, the apartment is equipped with central heating provisions, ensuring comfort all year round while maintaining an impressive Class A energy efficiency rating, which is both environmentally friendly and cost-effective. 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 250,000+VAT Introducing this exciting new apartment complex, situated in the heart of Kato Paphos just three kilometers away from the bustling seafront tourist area. The modern development is nestled within a peaceful residential neighborhood, offering the perfect balance between convenience and tranquility. With only nine apartments, spread over three identical floors, this intimate community provides an exclusive living experience. The thoughtfully designed apartment features both one and two-bedroom options, catering to your individual needs. Each unit comes with allocated parking for added convenience. Whether you're looking for a permanent residence or an investment opportunity, this property's prime location near both tourist attractions and residential areas ensures excellent rental potential and high rental yields. Step inside this two-bedroom apartment, where modern contemporary architectural design awaits. The tailor-made kitchen seamlessly connects to a spacious dining area, flowing into a cozy lounge, creating an inviting and harmonious living space. The apartment includes two spacious double bedrooms with fitted wardrobes, the master also offering en-suite facilities and an additional bathroom for the second bedroom, both with branded sanitary ware, offering both style and functionality. Furthermore, the apartment is equipped with central heating provisions, ensuring comfort all year round while maintaining an impressive Class A energy efficiency rating, which is both environmentally friendly and cost-effective. 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
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £217,023 | £11,048 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,048 |
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £217,023 | £11,048 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,048 |
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 £11,048 more.
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