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Apartment, For Sale, Paphos, Universal
Universal, Cyprus
REF: 854941
€350,000
Description
The apartment is located on the 4th floor (top floor) of the building and offers spacious and inviting living areas. The open-plan living and dining area leads to a large balcony with views of the sea, perfect for al fresco dining in the summer. The property comprises two double bedrooms, a family bathroom, and comes fully equipped with appliances, furniture, and air conditioning. *This property is available for purchase exclusively through a rental agreement program. By joining this program, you'll benefit from a minimum 3-year rental agreement, with the potential to extend it based on mutually agreed terms and conditions.*
The apartment is located on the 4th floor (top floor) of the building and offers spacious and inviting living areas. The open-plan living and dining area leads to a large balcony with views of the sea, perfect for al fresco dining in the summer. The property comprises two double bedrooms, a family bathroom, and comes fully equipped with appliances, furniture, and air conditioning. *This property is available for purchase exclusively through a rental agreement program. By joining this program, you'll benefit from a minimum 3-year rental agreement, with the potential to extend it based on mutually agreed terms and conditions.*
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Currency Exchange
Universal, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
Universal, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
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 £12,443 more.
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