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Apartment Flat in Polemidia Kato, Limassol
5476, Cyprus
REF: 868300
€340,000
Description
Reference ID: #SA34813Price details: 340,000 +VATThe project is located in the area of Kato Polemidia. It is a luxurious modern residential project and it is a perfect opportunity for residence or investment since it is located at a walking distance from a shopping centre which includes Starbucks coffee, Alpha Mega Supermarket, IKEA and Jumbo store. It is also a 5 minutes drive from the new planned residential buildings of Cyprus University of Technology (TEPAK- VEREGGARIA) and a 10 minutes drive from My Mall Limassol and Casino. Being just a 10 minute drive from the Limassol city center it has the advantage of being close to many amenities.Finally it is very close to the highway network leading to the major towns and both airports in Larnaca and Paphos.Additional DetailsType: 1, 2, 3 bedroomYear Built: September 2026Two blocks A&BCovered area: 101 sq.m.Covered veranda: 27-29 sq.m.Prices: 340,000- 360,000PLUS V.A.T
Reference ID: #SA34813Price details: 340,000 +VATThe project is located in the area of Kato Polemidia. It is a luxurious modern residential project and it is a perfect opportunity for residence or investment since it is located at a walking distance from a shopping centre which includes Starbucks coffee, Alpha Mega Supermarket, IKEA and Jumbo store. It is also a 5 minutes drive from the new planned residential buildings of Cyprus University of Technology (TEPAK- VEREGGARIA) and a 10 minutes drive from My Mall Limassol and Casino. Being just a 10 minute drive from the Limassol city center it has the advantage of being close to many amenities.Finally it is very close to the highway network leading to the major towns and both airports in Larnaca and Paphos.Additional DetailsType: 1, 2, 3 bedroomYear Built: September 2026Two blocks A&BCovered area: 101 sq.m.Covered veranda: 27-29 sq.m.Prices: 340,000- 360,000PLUS V.A.T
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Currency Exchange
5476, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £282,761 | £292,611 | £9,850 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £282,761 |
| Maximum cost in the last six months | £292,611 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,850 |
5476, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £282,761 | £292,611 | £9,850 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £282,761 |
| Maximum cost in the last six months | £292,611 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,850 |
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 £9,850 more.
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