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House, For Sale, Limassol, Mesa Geitonia
Mesa Geitonia, Cyprus
REF: 905780
€350,000
Description
This 3-bedroom townhouse is located in the heart of Mesa Geitonia, in a quiet cul-de-sac accessed by a one-way road. Built in 1986, the property has been periodically renovated, though the updates have been done gradually, so buyers should expect some renovation work to complete the overall finish. Sitting on a 121 sq.m. plot, the two-story maisonette offers a spacious 193 sq.m. of living space. The ground floor features an open-plan living area with a covered veranda, a guest toilet, and a small backyard with a kitchenette€”perfect for outdoor meals or relaxation. Additionally, there is a versatile space that could be used as a playroom or office. Upstairs, the townhouse offers three bedrooms, including one that has been extended to create extra space for an office or playroom. The family bathroom is equipped with a spacious shower. The property also benefits from a 4kW photovoltaic system, significantly reducing electricity costs with an average monthly bill of just ‚40. Conveniently located, it is just 50 meters from local amenities and bus stops, 500 meters from a school, and only a short 5-minute drive to the beach. This townhouse offers both comfort and potential in a central, well-connected location.
This 3-bedroom townhouse is located in the heart of Mesa Geitonia, in a quiet cul-de-sac accessed by a one-way road. Built in 1986, the property has been periodically renovated, though the updates have been done gradually, so buyers should expect some renovation work to complete the overall finish. Sitting on a 121 sq.m. plot, the two-story maisonette offers a spacious 193 sq.m. of living space. The ground floor features an open-plan living area with a covered veranda, a guest toilet, and a small backyard with a kitchenette€”perfect for outdoor meals or relaxation. Additionally, there is a versatile space that could be used as a playroom or office. Upstairs, the townhouse offers three bedrooms, including one that has been extended to create extra space for an office or playroom. The family bathroom is equipped with a spacious shower. The property also benefits from a 4kW photovoltaic system, significantly reducing electricity costs with an average monthly bill of just ‚40. Conveniently located, it is just 50 meters from local amenities and bus stops, 500 meters from a school, and only a short 5-minute drive to the beach. This townhouse offers both comfort and potential in a central, well-connected location.
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Currency Exchange
Mesa Geitonia, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
Mesa Geitonia, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
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 £12,443 more.
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