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Apartment, For Sale, Paphos, Universal
Universal, Cyprus
REF: 907937
€475,000
Description
For sale: a stunning three-bedroom apartment in the desirable area of Universal. This spacious 105 m2 resale property, built in 2012, offers modern living in a beautifully maintained gated complex. Inside, the apartment is fully furnished, featuring a bright living area that seamlessly connects to a well-appointed kitchen. With two stylish bathrooms, it provides comfort and convenience for families or guests. The building includes an elevator for easy access to your floor. Residents can enjoy an inviting communal swimming pool and a well-equipped gym, perfect for those who lead an active lifestyle. The central location of Universal makes it easy to access various amenities, including shops, restaurants, and parks, ensuring all your daily needs are just a short distance away. This apartment presents a fantastic opportunity to live in one of the most sought-after area in Paphos city. This property is available for purchase exclusively through a rental agreement program. By participating in this program, you will benefit from a minimum three-year rental agreement, with the possibility of extending it based on mutually agreed-upon terms and conditions. 5% GUARANTEED RENTAL INCOME FOR UP TO 5 YEARS
For sale: a stunning three-bedroom apartment in the desirable area of Universal. This spacious 105 m2 resale property, built in 2012, offers modern living in a beautifully maintained gated complex. Inside, the apartment is fully furnished, featuring a bright living area that seamlessly connects to a well-appointed kitchen. With two stylish bathrooms, it provides comfort and convenience for families or guests. The building includes an elevator for easy access to your floor. Residents can enjoy an inviting communal swimming pool and a well-equipped gym, perfect for those who lead an active lifestyle. The central location of Universal makes it easy to access various amenities, including shops, restaurants, and parks, ensuring all your daily needs are just a short distance away. This apartment presents a fantastic opportunity to live in one of the most sought-after area in Paphos city. This property is available for purchase exclusively through a rental agreement program. By participating in this program, you will benefit from a minimum three-year rental agreement, with the possibility of extending it based on mutually agreed-upon terms and conditions. 5% GUARANTEED RENTAL INCOME FOR UP TO 5 YEARS
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Currency Exchange
Universal, 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 €475,000 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 |
|---|---|---|---|
| €475,000 | £391,353 | £408,239 | £16,886 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £391,353 |
| Maximum cost in the last six months | £408,239 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,886 |
Universal, 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 €475,000 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 |
|---|---|---|---|
| €475,000 | £391,353 | £408,239 | £16,886 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £391,353 |
| Maximum cost in the last six months | £408,239 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,886 |
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 £16,886 more.
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