Drosia, Larnaca - From 275,000

Drosia, Larnaca, Cyprus

For Sale

€275,000

REF: 850769 €275,000


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Description

Two Bedroom Penthouse Apartment For Sale in Drosia, Larnaca - Title Deeds (New Build Process)This unique four-storey development boasts eight apartments. The first three floors have two 2-bedroom apartments per floor.... Two Bedroom Penthouse Apartment For Sale in Drosia, Larnaca - Title Deeds (New Build Process)This unique four-storey development boasts eight apartments.

The first three floors have two 2-bedroom apartments per floor. The fourth floor consists of two 2-bedroom penthouse apartments, in addition to their roof gardens offering a fabulous view of the Larnaca Salt Lakes. Connected to the apartments through private exterior stairs, both roof gardens also provide a room with all the necessary provisions for a bathroom.

Each apartment has its own storage room and an allocated covered parking space.- Master bedroom with ensuite, fitted wardrobes- 1 Bedroom with fitted wardrobes- Open plan living - dining and kitchen area- Family bathroom- Unfurnished- Provisions for air conditioning- Roof terrace- Parking- Storage- Internal 79-82 m2- Covered veranda 16 m2- Roof terrace 31-32 m2- Parking 12 m2- Storage 4 m2- Communal fees TBC- Close to local shops and amenities- 8 Minutes to Finikoudes Beach- 9 Minutes to Larnaca Marina- 13 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency- Subject to VAT- Energy Efficiency ALarnacaLarnaca is the home of Cyprus' main International Airport, close to the Salt Lake area, a place where you can watch Swan's and Flamingo's that live in the lake.

On its coastal seafront, the cafes and restaurants are peaceful. On the edge of Larnaca Bay the palm-lined seafront of Larnaca town bustles with cafes, tavernas, shops and bars. Historic charm is lent to the scene by its fortress castle, now used as the town's summer cultural centre. Larnaca is an excellent base from which to get to know the central and eastern section of Cyprus, and its proximity to the International Airport and a number of luxury hotels that have been developed along its beautiful sandy beaches make this a popular holiday choice.

Larnaca is the modern gateway to Cyprus, known for such sights as the beautiful St. Lazarus Church and leisurely Palm Tree Promenade.------------* Title Deeds (New Build Process)* Penthouse with Roof Terrace* Short Drive to the Beach* Suitable for Cyprus Permanent Residency* Subject to VAT* Under Construction - Completion Due September 2025* Energy Efficiency ADrosiaDrosiaCounty: LarnacaSale Type: For SaleRef #: SRA004N2P
Two Bedroom Penthouse Apartment For Sale in Drosia, Larnaca - Title Deeds (New Build Process)This unique four-storey development boasts eight apartments. The first three floors have two 2-bedroom apartments per floor.... Two Bedroom Penthouse Apartment For Sale in Drosia, Larnaca - Title Deeds (New Build Process)This unique four-storey development boasts eight apartments.

The first three floors have two 2-bedroom apartments per floor. The fourth floor consists of two 2-bedroom penthouse apartments, in addition to their roof gardens offering a fabulous view of the Larnaca Salt Lakes. Connected to the apartments through private exterior stairs, both roof gardens also provide a room with all the necessary provisions for a bathroom.

Each apartment has its own storage room and an allocated covered parking space.- Master bedroom with ensuite, fitted wardrobes- 1 Bedroom with fitted wardrobes- Open plan living - dining and kitchen area- Family bathroom- Unfurnished- Provisions for air conditioning- Roof terrace- Parking- Storage- Internal 79-82 m2- Covered veranda 16 m2- Roof terrace 31-32 m2- Parking 12 m2- Storage 4 m2- Communal fees TBC- Close to local shops and amenities- 8 Minutes to Finikoudes Beach- 9 Minutes to Larnaca Marina- 13 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency- Subject to VAT- Energy Efficiency ALarnacaLarnaca is the home of Cyprus' main International Airport, close to the Salt Lake area, a place where you can watch Swan's and Flamingo's that live in the lake.

On its coastal seafront, the cafes and restaurants are peaceful. On the edge of Larnaca Bay the palm-lined seafront of Larnaca town bustles with cafes, tavernas, shops and bars. Historic charm is lent to the scene by its fortress castle, now used as the town's summer cultural centre. Larnaca is an excellent base from which to get to know the central and eastern section of Cyprus, and its proximity to the International Airport and a number of luxury hotels that have been developed along its beautiful sandy beaches make this a popular holiday choice.

Larnaca is the modern gateway to Cyprus, known for such sights as the beautiful St. Lazarus Church and leisurely Palm Tree Promenade.------------* Title Deeds (New Build Process)* Penthouse with Roof Terrace* Short Drive to the Beach* Suitable for Cyprus Permanent Residency* Subject to VAT* Under Construction - Completion Due September 2025* Energy Efficiency ADrosiaDrosiaCounty: LarnacaSale Type: For SaleRef #: SRA004N2P
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#18870-SRA004N2P

Currency Exchange

Drosia, Larnaca, 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 €275,000 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
€275,000 £228,704 £236,671 £7,967
Property Price € €275,000
Minimum cost in the last six months £228,704
Maximum cost in the last six months £236,671
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,967

Drosia, Larnaca, 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 €275,000 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
€275,000 £228,704 £236,671 £7,967
Property Price € €275,000
Minimum cost in the last six months £228,704
Maximum cost in the last six months £236,671
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,967

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 £7,967 more.

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