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Building in Tsireio, Limassol
5696, Cyprus
REF: 868416
€520,000
Description
Reference ID: #SA34623Price details: 520,000The property concerns a three-storey building in Apostoloi Petros and Pavlos.The property consists of a ground floor house and a two-storey house on the upper floors.The plot has a land area of 400sqm.The ground floor house has an internal area of 127sqm and covered verandas of 17sqm. It consists of an entrance hall, living room, dining room, kitchen, 3 bedrooms, shower with toilet and bathroom with toilet.The two-storey house on the upper floors has an internal area of 225sqm, 50sqm covered verandas and 13sqm storage room.The 1st floor of the house consists of an entrance hall, living room, dining room, kitchen-sitting area, and a guest toilet. On the second floor there are 4 bedrooms on of which is en-suite with shower and toilet, another bathroom, and a laundry room.The immediate area of the property is mainly characterized by residential developments, consisting of detached and semidetached residences as well as a number of apartments.Year of construction 1973
Reference ID: #SA34623Price details: 520,000The property concerns a three-storey building in Apostoloi Petros and Pavlos.The property consists of a ground floor house and a two-storey house on the upper floors.The plot has a land area of 400sqm.The ground floor house has an internal area of 127sqm and covered verandas of 17sqm. It consists of an entrance hall, living room, dining room, kitchen, 3 bedrooms, shower with toilet and bathroom with toilet.The two-storey house on the upper floors has an internal area of 225sqm, 50sqm covered verandas and 13sqm storage room.The 1st floor of the house consists of an entrance hall, living room, dining room, kitchen-sitting area, and a guest toilet. On the second floor there are 4 bedrooms on of which is en-suite with shower and toilet, another bathroom, and a laundry room.The immediate area of the property is mainly characterized by residential developments, consisting of detached and semidetached residences as well as a number of apartments.Year of construction 1973
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Currency Exchange
5696, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £430,721 | £446,914 | £16,193 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £430,721 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,193 |
5696, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £430,721 | £446,914 | £16,193 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £430,721 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,193 |
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 £16,193 more.
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