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Listing is for a Four Bedroom Penthouse Apartment located on the Sixth Floor
Larnaca Town, Larnaca, Cyprus
REF: 925953
€465,000
Description
Listing is for a Four Bedroom Penthouse Apartment located on the Sixth Floor. This Exclusive Project is a 7-floor luxury apartment building with ground floor covered allocated parking and roof garden. The south orientation of the project means that the apartments are light and airy. The top floor apartment is located on the 6th floor which also enjoys individual access to their allocated roof garden on 7th floor with wc and shower room, electrical room and barbeque area, offering views of the surrounding area. All apartments are provided with an Audio & Video Door Entry System and a remote control for automatic bar opening for tenants. The living room ceilings are fitted with plasterboard and hidden lighting is installed which adds a sense of beauty to the area. The Project is excellently located in Larnaca town centre. A quiet residential area behind the American Academy school, providing easiest and safest access to the school and close to amenities. The famous Finikoudes promenade is only 700m away. Larnaca also hosts the main International Airport that is only 8.3 km away. A huge demand for rentals has been noticed in this area. Photos are of a Similar Apartment.
Listing is for a Four Bedroom Penthouse Apartment located on the Sixth Floor. This Exclusive Project is a 7-floor luxury apartment building with ground floor covered allocated parking and roof garden. The south orientation of the project means that the apartments are light and airy. The top floor apartment is located on the 6th floor which also enjoys individual access to their allocated roof garden on 7th floor with wc and shower room, electrical room and barbeque area, offering views of the surrounding area. All apartments are provided with an Audio & Video Door Entry System and a remote control for automatic bar opening for tenants. The living room ceilings are fitted with plasterboard and hidden lighting is installed which adds a sense of beauty to the area. The Project is excellently located in Larnaca town centre. A quiet residential area behind the American Academy school, providing easiest and safest access to the school and close to amenities. The famous Finikoudes promenade is only 700m away. Larnaca also hosts the main International Airport that is only 8.3 km away. A huge demand for rentals has been noticed in this area. Photos are of a Similar Apartment.
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Currency Exchange
Larnaca Town, Larnaca, 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 €465,000 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 |
|---|---|---|---|
| €465,000 | £383,114 | £403,662 | £20,548 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £383,114 |
| Maximum cost in the last six months | £403,662 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,548 |
Larnaca Town, Larnaca, 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 €465,000 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 |
|---|---|---|---|
| €465,000 | £383,114 | £403,662 | £20,548 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £383,114 |
| Maximum cost in the last six months | £403,662 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,548 |
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 £20,548 more.
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