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Apartment, For Sale, Limassol, Agios Ioannis
Agios Ioannis, Cyprus
REF: 864174
€290,000
Description
We are excited to present this attractive apartment complex located in the heart of Limassol, just minutes from Limassol Marina. The complex features eight apartments, available in two and three-bedroom configurations. Currently on the market, the two-bedroom apartment offers an internal area of 80 sqm, complemented by a 21.7 sqm covered veranda, along with covered parking and a storage room. This apartment includes an open-plan kitchen with a living and dining area, a main bathroom with a shower, and a master bedroom with an en-suite bathroom. Additionally, there is a generously sized second bedroom. The spacious living area provides access to the large veranda through expansive sliding windows. All apartments in the building are equipped with provisions for air conditioning and electric heating. The prime location ensures easy access to the town center, Limassol Marina, and various amenities, making it a highly desirable option for both personal use and investment, given the area's strong rental demand and high return on investment potential.
We are excited to present this attractive apartment complex located in the heart of Limassol, just minutes from Limassol Marina. The complex features eight apartments, available in two and three-bedroom configurations. Currently on the market, the two-bedroom apartment offers an internal area of 80 sqm, complemented by a 21.7 sqm covered veranda, along with covered parking and a storage room. This apartment includes an open-plan kitchen with a living and dining area, a main bathroom with a shower, and a master bedroom with an en-suite bathroom. Additionally, there is a generously sized second bedroom. The spacious living area provides access to the large veranda through expansive sliding windows. All apartments in the building are equipped with provisions for air conditioning and electric heating. The prime location ensures easy access to the town center, Limassol Marina, and various amenities, making it a highly desirable option for both personal use and investment, given the area's strong rental demand and high return on investment potential.
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Currency Exchange
Agios Ioannis, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £243,403 | £250,142 | £6,740 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £243,403 |
| Maximum cost in the last six months | £250,142 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,740 |
Agios Ioannis, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £243,403 | £250,142 | £6,740 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £243,403 |
| Maximum cost in the last six months | £250,142 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,740 |
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 £6,740 more.
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