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House, For Sale, Limassol, Pyrgos
Pyrgos, Cyprus
REF: 903116
€220,000
Description
For Quick Sale : Reduced from 300 000 to 220 000 euros For sale is this cozy two bedroom L~ shape stone house in the beautiful quiet surroundings of Pyrgos village, it is close to all amenities, 5 minute drive to the beach and 15 minutes drive to Limassol City Centre. The property consists 130 m2 covered area, with 65cm thick exterior walls; warm in the winter, cool in the summer. The plot is 275m2 offering the possibility due to the high building factor, the to add additional spaces. The ground floor consists of a lounge, kitchen, Master bedroom, separate shower, guest wc and a courtyard which has a handmade basin, 2 water supplies and a BBQ area. The upstairs has a master bedroom with en-suit shower, basin and toilet, with a large balcony overlooking the village. Property was renovated for personal use, not for investment, now sale is due to re-location.
For Quick Sale : Reduced from 300 000 to 220 000 euros For sale is this cozy two bedroom L~ shape stone house in the beautiful quiet surroundings of Pyrgos village, it is close to all amenities, 5 minute drive to the beach and 15 minutes drive to Limassol City Centre. The property consists 130 m2 covered area, with 65cm thick exterior walls; warm in the winter, cool in the summer. The plot is 275m2 offering the possibility due to the high building factor, the to add additional spaces. The ground floor consists of a lounge, kitchen, Master bedroom, separate shower, guest wc and a courtyard which has a handmade basin, 2 water supplies and a BBQ area. The upstairs has a master bedroom with en-suit shower, basin and toilet, with a large balcony overlooking the village. Property was renovated for personal use, not for investment, now sale is due to re-location.
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Currency Exchange
Pyrgos, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £182,228 | £189,079 | £6,851 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £182,228 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,851 |
Pyrgos, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £182,228 | £189,079 | £6,851 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £182,228 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,851 |
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 £6,851 more.
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