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D-2425-B 1 Bedroom Apartment for sale in Geroskipou
Geroskipou Tourist Area, Cyprus
REF: 839697
€412,500
Description
PRICES FROM 412,500+VAT Located just minutes from the highway and the international Paphos airport this development ensures seamless travel. The project is more than a residence; it s a lifestyle. The gated community offers an extra layer of security and exclusivity, making it an ideal choice for those seeking a holiday home or a lucrative investment opportunity. The inclusion of concierge services elevates the living experience along with the cutting-edge gym, communal swimming pool and poolside breakfast/snack area provide residents with a seamless blend of luxury and convenience. This modern and contemporary mezzanine property features an open living area on the ground floor, with the bedroom and bathroom situated on the second level. 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 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 412,500+VAT Located just minutes from the highway and the international Paphos airport this development ensures seamless travel. The project is more than a residence; it s a lifestyle. The gated community offers an extra layer of security and exclusivity, making it an ideal choice for those seeking a holiday home or a lucrative investment opportunity. The inclusion of concierge services elevates the living experience along with the cutting-edge gym, communal swimming pool and poolside breakfast/snack area provide residents with a seamless blend of luxury and convenience. This modern and contemporary mezzanine property features an open living area on the ground floor, with the bedroom and bathroom situated on the second level. 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 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 Tourist Area, 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 €412,500 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 |
|---|---|---|---|
| €412,500 | £339,859 | £349,841 | £9,983 |
| Property Price € | €412,500 |
| Minimum cost in the last six months | £339,859 |
| Maximum cost in the last six months | £349,841 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,983 |
Geroskipou Tourist Area, 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 €412,500 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 |
|---|---|---|---|
| €412,500 | £339,859 | £349,841 | £9,983 |
| Property Price € | €412,500 |
| Minimum cost in the last six months | £339,859 |
| Maximum cost in the last six months | £349,841 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,983 |
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 £9,983 more.
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