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P-0615 3 Bedroom Apartment for Sale in Pano Paphos
Agios Theodoros, Cyprus
REF: 913198
€270,000
Description
This fully furnished, spacious 3-bedroom apartment offers a generous 158 sq.m of living space in the heart of Paphos. Situated on the 1st floor in a peaceful neighborhood adjacent to the municipal park, the property provides a serene living experience while being only a short stroll away from essential amenities, including a hospital, supermarkets, schools, and Tepak University (just 2 minutes away). The apartment features three well-sized bedrooms, a modern bathroom, and a separate guest toilet. The fully equipped kitchen offers ample space for meal preparation and is complemented by a bright and airy living room, perfect for relaxation or entertaining. Additionally, there is a convenient laundry room and two verandas, one covered (6 sq.m) and one uncovered (8 sq.m), providing outdoor areas for leisure. Practicality is further enhanced with two private parking spaces, one covered and one uncovered, along with a separate storage room. Full air-conditioning in all rooms ensures comfort throughout the year, and the home comes with all necessary appliances, making it move-in ready. The property is currently undergoing a comprehensive renovation to elevate its modern appeal (originally built in 2010) and is rented at 1,100 monthly for the next six months. Ideal for residential or professional use, this versatile property is also suited for potential reconfiguration into two apartments of 87 sq.m each, offering an exciting investment opportunity. About the Area Pano Paphos Pano Paphos, the upper part of this historic city, combines traditional charm with urban convenience. Known for its cultural landmarks, vibrant community, and proximity to key services, Pano Paphos offers a unique lifestyle. The area boasts a mix of modern establishments, authentic Cypriot taverns, and a thriving retail scene, making it an ideal location for families, students, and professionals alike. With its excellent transport links and the added charm of nearby parks and green spaces, Pano Paphos is the perfect place to call home.
This fully furnished, spacious 3-bedroom apartment offers a generous 158 sq.m of living space in the heart of Paphos. Situated on the 1st floor in a peaceful neighborhood adjacent to the municipal park, the property provides a serene living experience while being only a short stroll away from essential amenities, including a hospital, supermarkets, schools, and Tepak University (just 2 minutes away). The apartment features three well-sized bedrooms, a modern bathroom, and a separate guest toilet. The fully equipped kitchen offers ample space for meal preparation and is complemented by a bright and airy living room, perfect for relaxation or entertaining. Additionally, there is a convenient laundry room and two verandas, one covered (6 sq.m) and one uncovered (8 sq.m), providing outdoor areas for leisure. Practicality is further enhanced with two private parking spaces, one covered and one uncovered, along with a separate storage room. Full air-conditioning in all rooms ensures comfort throughout the year, and the home comes with all necessary appliances, making it move-in ready. The property is currently undergoing a comprehensive renovation to elevate its modern appeal (originally built in 2010) and is rented at 1,100 monthly for the next six months. Ideal for residential or professional use, this versatile property is also suited for potential reconfiguration into two apartments of 87 sq.m each, offering an exciting investment opportunity. About the Area Pano Paphos Pano Paphos, the upper part of this historic city, combines traditional charm with urban convenience. Known for its cultural landmarks, vibrant community, and proximity to key services, Pano Paphos offers a unique lifestyle. The area boasts a mix of modern establishments, authentic Cypriot taverns, and a thriving retail scene, making it an ideal location for families, students, and professionals alike. With its excellent transport links and the added charm of nearby parks and green spaces, Pano Paphos is the perfect place to call home.
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Currency Exchange
Agios Theodoros, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £222,453 | £232,427 | £9,974 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £222,453 |
| Maximum cost in the last six months | £232,427 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,974 |
Agios Theodoros, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £222,453 | £232,427 | £9,974 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £222,453 |
| Maximum cost in the last six months | £232,427 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,974 |
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 £9,974 more.
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