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Building, For Sale, Limassol, Agia Fyla
Agia Fyla, Cyprus
REF: 902823
€1,250,000
Description
We are happy to present to you this , modern design residential building comprising of 5 apartments ,ideal for investment. The building will have 5 apartments, 3-2 bedroom apartments and 2-1 bedroom apartments. First two floors will have one bedroom and a two bedroom apartment each and the third floor will have an amazing top floor penthouse of 2 bedrooms. An amazing construction of a modern design built with the highest standards. All the apartments will have a storage room and covered parking, with provisions for ac units and electric heating. The location of the building makes it an ideal property to invest as this area has a high demand for rentals on high prices that could give a yearly income more than 8%.
We are happy to present to you this , modern design residential building comprising of 5 apartments ,ideal for investment. The building will have 5 apartments, 3-2 bedroom apartments and 2-1 bedroom apartments. First two floors will have one bedroom and a two bedroom apartment each and the third floor will have an amazing top floor penthouse of 2 bedrooms. An amazing construction of a modern design built with the highest standards. All the apartments will have a storage room and covered parking, with provisions for ac units and electric heating. The location of the building makes it an ideal property to invest as this area has a high demand for rentals on high prices that could give a yearly income more than 8%.
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Currency Exchange
Agia Fyla, 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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
Agia Fyla, 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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
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 £38,925 more.
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