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Apartment, For Sale, Paphos, Kato Paphos
Kato Paphos, Cyprus
REF: 923209
€285,000
Description
Discover modern living in this charming off-plan apartment located in the heart of Kato Pafos. Offering 54 square meters of well-designed internal space, this one-bedroom, one-bathroom unit is situated on the second floor of a four-story building. Kato Pafos is renowned for its vibrant atmosphere, combining beautiful beaches, historic sites, and an array of dining and shopping options. The area is popular for its picturesque promenade, perfect for leisurely strolls, as well as access to stunning coastal views. Residents will appreciate the convenience of nearby amenities, including cafes, restaurants, and markets, all within walking distance. The apartment can be optionally furnished, allowing you the flexibility to personalize your new home. With modern finishes and a comfortable layout, this property is ideal for both investors and those looking for a serene getaway.
Discover modern living in this charming off-plan apartment located in the heart of Kato Pafos. Offering 54 square meters of well-designed internal space, this one-bedroom, one-bathroom unit is situated on the second floor of a four-story building. Kato Pafos is renowned for its vibrant atmosphere, combining beautiful beaches, historic sites, and an array of dining and shopping options. The area is popular for its picturesque promenade, perfect for leisurely strolls, as well as access to stunning coastal views. Residents will appreciate the convenience of nearby amenities, including cafes, restaurants, and markets, all within walking distance. The apartment can be optionally furnished, allowing you the flexibility to personalize your new home. With modern finishes and a comfortable layout, this property is ideal for both investors and those looking for a serene getaway.
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Currency Exchange
Kato Paphos, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £234,812 | £244,943 | £10,132 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £234,812 |
| Maximum cost in the last six months | £244,943 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,132 |
Kato Paphos, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £234,812 | £244,943 | £10,132 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £234,812 |
| Maximum cost in the last six months | £244,943 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,132 |
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 £10,132 more.
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