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D-3114-B 2 Bedroom Apartment For Sale in Limassol
Germasogeia, Cyprus
REF: 866197
€530,000
Description
PRICES FROM 510,000+VAT A brand new residential development situated in one of the most desirable areas of Germasogeia, Limassol, features this prestige two bedroom apartment within easy reach of many local amenities, such as supermarkets and restaurants, as well as coffee shops. The stunning property comprises an open plan kitchen with a spacious living/dining room, guest w/c and two inviting double bedrooms including fitted wardrobes that share a full family bathroom. Interior and exterior living blend seamlessly, with the living area opening out to a well-sized balcony that offers breathtaking views of the city making for a wonderful space to enjoy alfresco dining, entertaining and relaxing. This amazing complex offers residents amenities such as a communal swimming pool, children's playground and covered parking with storage on the ground floor. Ideal investment opportunity for buyers seeking permanent residency or alternatively as a truly fabulous holiday home with excellent rental potential given its proximity to the coast and local amenities. Limassol is a bustling city on the south coast of Cyprus and is the main seaport for freight arriving in the country. The marina and seafront have a lot to offer and all amenities are in easy reach together with an extensive business and shopping centre including My Mall. A short distance along the coast is the wonderful St Raphael Resort very popular with locals and tourists alike.
PRICES FROM 510,000+VAT A brand new residential development situated in one of the most desirable areas of Germasogeia, Limassol, features this prestige two bedroom apartment within easy reach of many local amenities, such as supermarkets and restaurants, as well as coffee shops. The stunning property comprises an open plan kitchen with a spacious living/dining room, guest w/c and two inviting double bedrooms including fitted wardrobes that share a full family bathroom. Interior and exterior living blend seamlessly, with the living area opening out to a well-sized balcony that offers breathtaking views of the city making for a wonderful space to enjoy alfresco dining, entertaining and relaxing. This amazing complex offers residents amenities such as a communal swimming pool, children's playground and covered parking with storage on the ground floor. Ideal investment opportunity for buyers seeking permanent residency or alternatively as a truly fabulous holiday home with excellent rental potential given its proximity to the coast and local amenities. Limassol is a bustling city on the south coast of Cyprus and is the main seaport for freight arriving in the country. The marina and seafront have a lot to offer and all amenities are in easy reach together with an extensive business and shopping centre including My Mall. A short distance along the coast is the wonderful St Raphael Resort very popular with locals and tourists alike.
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Currency Exchange
Germasogeia, 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 €530,000 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 |
|---|---|---|---|
| €530,000 | £440,896 | £457,157 | £16,260 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £440,896 |
| Maximum cost in the last six months | £457,157 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,260 |
Germasogeia, 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 €530,000 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 |
|---|---|---|---|
| €530,000 | £440,896 | £457,157 | £16,260 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £440,896 |
| Maximum cost in the last six months | £457,157 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,260 |
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 £16,260 more.
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