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House, For Sale, Limassol, Palodeia
Palodeia, Cyprus
REF: 865047
€1,200,000
Description
Now on the market, a Luxury, modern, detached 4 bedroom under construction villa with private swimming pool. This beautiful house is located in Palodeia area, away from the traffic and noise of the town and it is the perfect choice for making it your future home. The villa is built on a plot of 595sqm, and has an internal area of 189sqm, 56sqm covered veranda, 182sqm uncovered veranda, 180sqm of garden and 35sqm of a covered double garage. On the ground floor you can find the open plan kitchen with living/dining area and a guest wc. The house has big windows with nice view of the garden and the pool. On the first floor there are 4 big size bedrooms and the main bathroom. Master bedroom has ensuite with w/c and shower. The house is offered with photovoltaic system, provisions for ac and provisions for electric heating. The house is under construction and will be finished one year after signing of sales contract with the contractor.
Now on the market, a Luxury, modern, detached 4 bedroom under construction villa with private swimming pool. This beautiful house is located in Palodeia area, away from the traffic and noise of the town and it is the perfect choice for making it your future home. The villa is built on a plot of 595sqm, and has an internal area of 189sqm, 56sqm covered veranda, 182sqm uncovered veranda, 180sqm of garden and 35sqm of a covered double garage. On the ground floor you can find the open plan kitchen with living/dining area and a guest wc. The house has big windows with nice view of the garden and the pool. On the first floor there are 4 big size bedrooms and the main bathroom. Master bedroom has ensuite with w/c and shower. The house is offered with photovoltaic system, provisions for ac and provisions for electric heating. The house is under construction and will be finished one year after signing of sales contract with the contractor.
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Currency Exchange
Palodeia, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,031,340 | £42,660 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,660 |
Palodeia, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,031,340 | £42,660 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,660 |
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 £42,660 more.
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