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Apartment Flat in Neapoli, Limassol
5693, Cyprus
REF: 843135
€410,000
Description
Reference ID: #SA34428Price details: 410,000Spacious 3 bedroom apartment in Neapolis area. It is located just 7 min from the sea, with walking distance to all necessary amenities supermarkets (AlphaMega 3 min), Griva Digini (2 min), school (Greek school 2 min), Pascal secondary School (10 kin walking), a variety of cafes, restaurants, banks, pharmacies etc. The apartment is located on the second floor and consists of a spacious living room, separated kitchen, 3 bedrooms, 1 bathrooms, veranda. It has an internal covered area of 92 sqm and covered veranda of 13 sqm. It also boasts a nice view, is in excellent condition, with a cozy modern renovation, has a new Daikin Air conditioners in all rooms, Kitchen appliances Miele dishwasher, Bosch Washing MachineIt has a covered parking and a storage of 12 sq.m. Big storage room only 2 in the building for private use.The apartment couyld also be ideal for investment, as is currently rented on a Yearly contract until February 2025 (monthly rent 2500 euro)
Reference ID: #SA34428Price details: 410,000Spacious 3 bedroom apartment in Neapolis area. It is located just 7 min from the sea, with walking distance to all necessary amenities supermarkets (AlphaMega 3 min), Griva Digini (2 min), school (Greek school 2 min), Pascal secondary School (10 kin walking), a variety of cafes, restaurants, banks, pharmacies etc. The apartment is located on the second floor and consists of a spacious living room, separated kitchen, 3 bedrooms, 1 bathrooms, veranda. It has an internal covered area of 92 sqm and covered veranda of 13 sqm. It also boasts a nice view, is in excellent condition, with a cozy modern renovation, has a new Daikin Air conditioners in all rooms, Kitchen appliances Miele dishwasher, Bosch Washing MachineIt has a covered parking and a storage of 12 sq.m. Big storage room only 2 in the building for private use.The apartment couyld also be ideal for investment, as is currently rented on a Yearly contract until February 2025 (monthly rent 2500 euro)
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Currency Exchange
5693, 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 €410,000 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 |
|---|---|---|---|
| €410,000 | £339,607 | £352,375 | £12,767 |
| Property Price € | €410,000 |
| Minimum cost in the last six months | £339,607 |
| Maximum cost in the last six months | £352,375 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,767 |
5693, 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 €410,000 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 |
|---|---|---|---|
| €410,000 | £339,607 | £352,375 | £12,767 |
| Property Price € | €410,000 |
| Minimum cost in the last six months | £339,607 |
| Maximum cost in the last six months | £352,375 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,767 |
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 £12,767 more.
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