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Apartment, For Sale, Limassol, Agios Tychon Tourist Area
Agios Tychon Tourist Area, Cyprus
REF: 881788
€1,000,000
Description
Eight (8) flats located in the tourist area of Agios Tychonas, in Limassol District. The complex is located on the Amathountos Avenue. The property is ideally situated close to a plethora of amenities and services such as supermarkets, restaurants, shops, cafes etc. Furthermore, the property enjoys excellent access to the sea and the motorway. The flats (3 two-storey flats & 5 studios) are part of a touristic complex . The two-storey flats have internal area that varies from 52sqm to 70sqm while the uncovered veranda is approximate 17-18sqm. The studios have internal areas that varies from 30sqm to 40sqm while the uncovered verandas is approximate 9sqm. It is noted that three (3) flats are vacant while five (5) flats are occupied. The properties are being sold together. We do not accept offers for each unit separately.
Eight (8) flats located in the tourist area of Agios Tychonas, in Limassol District. The complex is located on the Amathountos Avenue. The property is ideally situated close to a plethora of amenities and services such as supermarkets, restaurants, shops, cafes etc. Furthermore, the property enjoys excellent access to the sea and the motorway. The flats (3 two-storey flats & 5 studios) are part of a touristic complex . The two-storey flats have internal area that varies from 52sqm to 70sqm while the uncovered veranda is approximate 17-18sqm. The studios have internal areas that varies from 30sqm to 40sqm while the uncovered verandas is approximate 9sqm. It is noted that three (3) flats are vacant while five (5) flats are occupied. The properties are being sold together. We do not accept offers for each unit separately.
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Currency Exchange
Agios Tychon Tourist Area, 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 €1,000,000 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 |
|---|---|---|---|
| €1,000,000 | £838,070 | £862,560 | £24,490 |
| Property Price € | €1,000,000 |
| Minimum cost in the last six months | £838,070 |
| Maximum cost in the last six months | £862,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,490 |
Agios Tychon Tourist Area, 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 €1,000,000 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 |
|---|---|---|---|
| €1,000,000 | £838,070 | £862,560 | £24,490 |
| Property Price € | €1,000,000 |
| Minimum cost in the last six months | £838,070 |
| Maximum cost in the last six months | £862,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,490 |
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 £24,490 more.
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