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Apartment, For Sale, Larnaca, Finikoudes
Finikoudes, Cyprus
REF: 855767
€450,000
Description
Perfect investment opportunity or for those wanting to live in the heart of Larnaca with great views of the Meditteranean Sea this could be your new investment/home. The appartment has an area of 104sqm. It comprises of an open plan living/dining area and kitchen, a guest bathroom on the first floor and two bedrooms (one of which en-suite) and a bathroom on the second floor. The two floors are connected via an internal staircase. On the lower floor is a full kitchen and the upper floor has a kitchenette. There is 2 seperate entrances one on each floor, investment opportunity the appartment could be seperated into 2 apartments for short term rentals. In addition there is Double-glazed windows, ceramic flooring and split units installed. Constructed in 1990 and refurbished in 2014. For more information or to book a viewing please contact Sandi
Perfect investment opportunity or for those wanting to live in the heart of Larnaca with great views of the Meditteranean Sea this could be your new investment/home. The appartment has an area of 104sqm. It comprises of an open plan living/dining area and kitchen, a guest bathroom on the first floor and two bedrooms (one of which en-suite) and a bathroom on the second floor. The two floors are connected via an internal staircase. On the lower floor is a full kitchen and the upper floor has a kitchenette. There is 2 seperate entrances one on each floor, investment opportunity the appartment could be seperated into 2 apartments for short term rentals. In addition there is Double-glazed windows, ceramic flooring and split units installed. Constructed in 1990 and refurbished in 2014. For more information or to book a viewing please contact Sandi
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Currency Exchange
Finikoudes, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
Finikoudes, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 £14,013 more.
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