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Apartment, For Sale, Limassol, Katholiki
Katholiki, Cyprus
REF: 907966
€195,000
Description
Presenting a spacious two-bedroom duplex apartment for resale, located in the heart of Limassol€™s Katholiki area. This unique apartment, on the second floor of a three-story building, offers an official internal area of 85 sqm per the title deed, plus an additional 14 sqm of covered veranda. However, a creative redesign has expanded the usable space to include a third bedroom, utilizing the high ceiling between the two levels. Apartment Highlights: Spacious Open-Plan Layout: Features a large open kitchen, living room, and dining area, providing an ideal setting for both relaxation and entertaining. Three Bedrooms: Two generously sized bedrooms, plus a third, smaller bedroom created through an internal renovation, adding flexibility to the living space. Main Bathroom: Equipped with a shower. Potential for Luxury Renovation: With some updates, this apartment can easily be transformed into a luxurious, modern residence. Additionally, the apartment includes two covered parking spaces for added convenience€”a rare feature in this central location. Ideal for those looking to invest in a centrally located property with great potential, this apartment offers both spacious living and a prime urban location. Contact us to arrange a viewing or for more details.
Presenting a spacious two-bedroom duplex apartment for resale, located in the heart of Limassol€™s Katholiki area. This unique apartment, on the second floor of a three-story building, offers an official internal area of 85 sqm per the title deed, plus an additional 14 sqm of covered veranda. However, a creative redesign has expanded the usable space to include a third bedroom, utilizing the high ceiling between the two levels. Apartment Highlights: Spacious Open-Plan Layout: Features a large open kitchen, living room, and dining area, providing an ideal setting for both relaxation and entertaining. Three Bedrooms: Two generously sized bedrooms, plus a third, smaller bedroom created through an internal renovation, adding flexibility to the living space. Main Bathroom: Equipped with a shower. Potential for Luxury Renovation: With some updates, this apartment can easily be transformed into a luxurious, modern residence. Additionally, the apartment includes two covered parking spaces for added convenience€”a rare feature in this central location. Ideal for those looking to invest in a centrally located property with great potential, this apartment offers both spacious living and a prime urban location. Contact us to arrange a viewing or for more details.
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Currency Exchange
Katholiki, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,661 | £167,593 | £6,932 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,661 |
| Maximum cost in the last six months | £167,593 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,932 |
Katholiki, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,661 | £167,593 | £6,932 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,661 |
| Maximum cost in the last six months | £167,593 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,932 |
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 £6,932 more.
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