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D-1823-B 2 Bedroom Apartment for Sale in Universal
Universal, Paphos, Cyprus, Universal, Cyprus
REF: 859858
€265,000
Description
PRICES FROM 265,000 +VAT Situated in an exceptional location, this development offers five two-bedroom apartments and one one-bedroom apartment, spread across three floors. Each residence features a contemporary design focused on luxurious modern open-plan living, complete with VRV concealed air-conditioning, Smart technology, covered parking, storage space, and access to a communal pool. The apartments are thoughtfully designed to maximize space and light, providing a seamless flow between rooms with an open-plan kitchen and dining area. Located in the exclusive Universal area of Paphos, this property is just a short walk from the city center. The neighborhood includes a beautiful park and a children's play area directly opposite the property, making it an ideal location for families. Universal is known for its combination of tranquility and convenience, offering residents both a peaceful environment and proximity to the vibrant heart of Paphos. This development is a great investment for those seeking a permanent residence or a holiday home. It is also highly recommended for those interested in obtaining Cyprus Permanent Residency or generating rental income. Universal is a sought-after area conveniently situated between Kato (lower) and Pano (upper) Paphos. In recent years it has become a well-developed residential area that also encompasses tourist accommodation and is popular with locals and tourists alike because of its central location. Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars and nightlife in both the seafront and historic harbour area as well as the old town which is visually pleasing with many historic colonial buildings which house the area s government institutions.
PRICES FROM 265,000 +VAT Situated in an exceptional location, this development offers five two-bedroom apartments and one one-bedroom apartment, spread across three floors. Each residence features a contemporary design focused on luxurious modern open-plan living, complete with VRV concealed air-conditioning, Smart technology, covered parking, storage space, and access to a communal pool. The apartments are thoughtfully designed to maximize space and light, providing a seamless flow between rooms with an open-plan kitchen and dining area. Located in the exclusive Universal area of Paphos, this property is just a short walk from the city center. The neighborhood includes a beautiful park and a children's play area directly opposite the property, making it an ideal location for families. Universal is known for its combination of tranquility and convenience, offering residents both a peaceful environment and proximity to the vibrant heart of Paphos. This development is a great investment for those seeking a permanent residence or a holiday home. It is also highly recommended for those interested in obtaining Cyprus Permanent Residency or generating rental income. Universal is a sought-after area conveniently situated between Kato (lower) and Pano (upper) Paphos. In recent years it has become a well-developed residential area that also encompasses tourist accommodation and is popular with locals and tourists alike because of its central location. Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars and nightlife in both the seafront and historic harbour area as well as the old town which is visually pleasing with many historic colonial buildings which house the area s government institutions.
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Currency Exchange
Universal, Paphos, Cyprus, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £220,401 | £228,578 | £8,178 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £220,401 |
| Maximum cost in the last six months | £228,578 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,178 |
Universal, Paphos, Cyprus, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £220,401 | £228,578 | £8,178 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £220,401 |
| Maximum cost in the last six months | £228,578 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,178 |
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 £8,178 more.
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