Other, For Sale, Limassol, Apostolos Andreas

Apostolos Andreas, Cyprus

For Sale

€330,000

REF: 911177 €330,000


Description

An exceptional opportunity to acquire a 1/2 share of a 268 sq.m. residential corner plot with a division agreement and planning license for a 3-storey building. Situated in the centrally located yet quiet neighborhood of Apostolos Andreas, this plot is just 350m from main roads offering access to amenities, bus stops, and schools, all within walking distance.

The location also provides easy access to the highway, making it ideal for residential development. The approved project includes: - Ground Floor: Covered parking area. - 1st Floor: Two apartments: one-bedroom (49 sq.m. + 6 sq.m. covered veranda) and a larger unit (52 sq.m. + 15 sq.m. covered veranda).

- 2nd Floor: A spacious two-bedroom apartment (85 sq.m. + 30 sq.m. covered veranda), with both bedrooms featuring ensuite showers. - 3rd Floor: Another two-bedroom apartment (85 sq.m. + 33 sq.m. covered veranda), also with ensuite showers for both bedrooms. This property is no subject to VAT and transfer fees.
An exceptional opportunity to acquire a 1/2 share of a 268 sq.m. residential corner plot with a division agreement and planning license for a 3-storey building. Situated in the centrally located yet quiet neighborhood of Apostolos Andreas, this plot is just 350m from main roads offering access to amenities, bus stops, and schools, all within walking distance.

The location also provides easy access to the highway, making it ideal for residential development. The approved project includes: - Ground Floor: Covered parking area. - 1st Floor: Two apartments: one-bedroom (49 sq.m. + 6 sq.m. covered veranda) and a larger unit (52 sq.m. + 15 sq.m. covered veranda).

- 2nd Floor: A spacious two-bedroom apartment (85 sq.m. + 30 sq.m. covered veranda), with both bedrooms featuring ensuite showers. - 3rd Floor: Another two-bedroom apartment (85 sq.m. + 33 sq.m. covered veranda), also with ensuite showers for both bedrooms. This property is no subject to VAT and transfer fees.
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Property on Map

#39188

Currency Exchange

Apostolos Andreas, 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 €330,000 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
€330,000 £271,887 £283,619 £11,732
Property Price € €330,000
Minimum cost in the last six months £271,887
Maximum cost in the last six months £283,619
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,732

Apostolos Andreas, 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 €330,000 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
€330,000 £271,887 £283,619 £11,732
Property Price € €330,000
Minimum cost in the last six months £271,887
Maximum cost in the last six months £283,619
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,732

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 £11,732 more.

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