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Listing is for a Three Bedroom Penthouse Apartment located on the third floor
Faneromeni, Larnaca, Cyprus
REF: 925959
€850,000
Description
Listing is for a Three Bedroom Penthouse Apartment located on the third floor.
This Absolutely astounding site is located in the Phaneromeni Neighbourhood near the American Academy offering captivating views of the municipal Park, Library and Theatre as well as the Larnaca Downtown. At the back of the site another park stretches nicely. The site indeed offers brilliant characteristics making it a great place to live.
Contemporary Design :
The dazzling contemporary design takes advantage of the location and prominent settings and East Orientation. Inside reside gracious suite layouts incorporating inspired interior design allowing residents to live life fully.
The project will be a contemporary jewel and the new benchmark in Larnaca for residential design.
Unique specifications include
Underfloor heating with heat pump
False ceiling design with spot lights
Vrv air-condition in living room and master bedroom
High quality carpentry finishes.
Large porcelain tiles size of 120cm x 60cm.
2 parking spots and storage on ground floor
Location :
Mention its location to any resident of Larnaca City and the greatness is instantly recognised. The residents will enjoy its central location, being minutes from practically all of the best Larnaca has to offer: Downtown, schools such as the American Academy, the shops and cafes of Finnikoudes.
Completion second quarter of 2024
Listing is for a Three Bedroom Penthouse Apartment located on the third floor.
This Absolutely astounding site is located in the Phaneromeni Neighbourhood near the American Academy offering captivating views of the municipal Park, Library and Theatre as well as the Larnaca Downtown. At the back of the site another park stretches nicely. The site indeed offers brilliant characteristics making it a great place to live.
Contemporary Design :
The dazzling contemporary design takes advantage of the location and prominent settings and East Orientation. Inside reside gracious suite layouts incorporating inspired interior design allowing residents to live life fully.
The project will be a contemporary jewel and the new benchmark in Larnaca for residential design.
Unique specifications include
Underfloor heating with heat pump
False ceiling design with spot lights
Vrv air-condition in living room and master bedroom
High quality carpentry finishes.
Large porcelain tiles size of 120cm x 60cm.
2 parking spots and storage on ground floor
Location :
Mention its location to any resident of Larnaca City and the greatness is instantly recognised. The residents will enjoy its central location, being minutes from practically all of the best Larnaca has to offer: Downtown, schools such as the American Academy, the shops and cafes of Finnikoudes.
Completion second quarter of 2024
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Currency Exchange
Faneromeni, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
Faneromeni, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
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 £30,218 more.
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