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House, For Sale, Limassol, Kolossi
Kolossi, Cyprus
REF: 881775
€420,000
Description
We are pleased to present this beautiful, modern three-bedroom detached house located in the Kolossi area, just above the highway. Currently under construction, the property is built on an elevated plot, offering the advantage of an additional basement level. The house sits on a 309sqm plot with 206sqm of internal space spread over three levels: the ground floor, first floor, and basement. The ground floor features an open-plan kitchen, living room, dining area, and a guest WC, with large sliding windows leading to a spacious covered veranda. On the first floor, there are three well-sized bedrooms, including a master bedroom with an en-suite bathroom, and a main bathroom. The basement level offers a versatile space, featuring a second kitchen, a toilet, and a shower. This area can be converted into a separate living space, office, playroom, guest house, or even a self-contained apartment, thanks to its private entrance. The basement also opens up to a large backyard with ample room for a garden or barbecue area. The house comes with provisions for air conditioning and electric heating, and its prime location provides easy access to the highway and the town center, just an 8-minute drive away.
We are pleased to present this beautiful, modern three-bedroom detached house located in the Kolossi area, just above the highway. Currently under construction, the property is built on an elevated plot, offering the advantage of an additional basement level. The house sits on a 309sqm plot with 206sqm of internal space spread over three levels: the ground floor, first floor, and basement. The ground floor features an open-plan kitchen, living room, dining area, and a guest WC, with large sliding windows leading to a spacious covered veranda. On the first floor, there are three well-sized bedrooms, including a master bedroom with an en-suite bathroom, and a main bathroom. The basement level offers a versatile space, featuring a second kitchen, a toilet, and a shower. This area can be converted into a separate living space, office, playroom, guest house, or even a self-contained apartment, thanks to its private entrance. The basement also opens up to a large backyard with ample room for a garden or barbecue area. The house comes with provisions for air conditioning and electric heating, and its prime location provides easy access to the highway and the town center, just an 8-minute drive away.
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Currency Exchange
Kolossi, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £347,890 | £360,969 | £13,079 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £347,890 |
| Maximum cost in the last six months | £360,969 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,079 |
Kolossi, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £347,890 | £360,969 | £13,079 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £347,890 |
| Maximum cost in the last six months | £360,969 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,079 |
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 £13,079 more.
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