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Apartment, For Sale, Limassol, Zakaki
Zakaki, Cyprus
REF: 897508
€270,000
Description
We are pleased to introduce this modern apartment complex located in the Zakaki area. The complex offers both one- and two-bedroom apartments, and its prime location ensures easy access to the highway, Limassol€™s town center, and is within walking distance of My Mall, the Casino Resort, and Limassol Marina. This particular apartment, situated on the 2nd floor, has an internal area of 78 sqm plus 24 sqm of covered verandas. It features an open-plan kitchen, living room, dining area, a main bathroom, and two generously sized bedrooms. Each apartment includes a covered parking space and a storage room. This complex is an excellent opportunity for both personal use and investment, with the area experiencing high rental demand and offering more than a 7% return on investment. For further details or to arrange a viewing, feel free to reach out.
We are pleased to introduce this modern apartment complex located in the Zakaki area. The complex offers both one- and two-bedroom apartments, and its prime location ensures easy access to the highway, Limassol€™s town center, and is within walking distance of My Mall, the Casino Resort, and Limassol Marina. This particular apartment, situated on the 2nd floor, has an internal area of 78 sqm plus 24 sqm of covered verandas. It features an open-plan kitchen, living room, dining area, a main bathroom, and two generously sized bedrooms. Each apartment includes a covered parking space and a storage room. This complex is an excellent opportunity for both personal use and investment, with the area experiencing high rental demand and offering more than a 7% return on investment. For further details or to arrange a viewing, feel free to reach out.
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Currency Exchange
Zakaki, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
Zakaki, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
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 £8,408 more.
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