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Two Bedroom Penthouse Apartment (with option of 3rd bedroom on the roof terrace) located on the Sixth and Seventh Floor
Mckenzie, Larnaca, Cyprus
REF: 926032
€800,000
Description
Two Bedroom Penthouse Apartment (with option of 3rd bedroom on the roof terrace) located on the Sixth and Seventh Floor.
A new luxury development situated in an excellent coastal location, walking distance from the famous Mackenzie beachfront.
The project will compose of twenty spacious apartments. On the first and second floor will be six apartments of one bedroom and one apartment with 2 bedrooms. From the third to sixth floor will be three apartments with 2 bedrooms and 2 bathrooms.
The three sixth floor apartments of the project will be private and luxurious penthouses. On the seventh floor, with a magical panoramic south-east view of the City of Larnaca, just 200 meters from the sea.
All energy efficient luxury apartments are designed to have large living areas and balconies along with large bedrooms, including ensuite shower rooms and walk-in wardrobes. For those who prefer the top-end of luxury, they can opt for a three bedroom penthouse plus a room on the roof terrace with special features which boast luxury living to its limits.
The Project has been fully designed and studied by a professional team of Architects, Engineers and Interior Designers. The modern design makes excellent use of features like top quality italian ceramic finish, unique glass balconies and clever layout of living areas, designed to offer optional space, privacy and also views of the prestigious neighbourhood and famous Larnaca Salt Lake.
Completion of Construction date: February 2025
Contract Date: July 2025
Two Bedroom Penthouse Apartment (with option of 3rd bedroom on the roof terrace) located on the Sixth and Seventh Floor.
A new luxury development situated in an excellent coastal location, walking distance from the famous Mackenzie beachfront.
The project will compose of twenty spacious apartments. On the first and second floor will be six apartments of one bedroom and one apartment with 2 bedrooms. From the third to sixth floor will be three apartments with 2 bedrooms and 2 bathrooms.
The three sixth floor apartments of the project will be private and luxurious penthouses. On the seventh floor, with a magical panoramic south-east view of the City of Larnaca, just 200 meters from the sea.
All energy efficient luxury apartments are designed to have large living areas and balconies along with large bedrooms, including ensuite shower rooms and walk-in wardrobes. For those who prefer the top-end of luxury, they can opt for a three bedroom penthouse plus a room on the roof terrace with special features which boast luxury living to its limits.
The Project has been fully designed and studied by a professional team of Architects, Engineers and Interior Designers. The modern design makes excellent use of features like top quality italian ceramic finish, unique glass balconies and clever layout of living areas, designed to offer optional space, privacy and also views of the prestigious neighbourhood and famous Larnaca Salt Lake.
Completion of Construction date: February 2025
Contract Date: July 2025
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Property on Map
Currency Exchange
Mckenzie, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £659,120 | £687,560 | £28,440 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £659,120 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,440 |
Mckenzie, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £659,120 | £687,560 | £28,440 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £659,120 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,440 |
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 £28,440 more.
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