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Listing is for a Three Bedroom Penthouse Apartment with Roof Terrace
Vergina, Larnaca, Cyprus
REF: 926238
€350,000
Description
Listing is for a Three Bedroom Penthouse Apartment with Roof Terrace. This New Project is located in Vergina within close proximity to the newly Metropolis Mall in Larnaca, near the general hospital of Larnaca, close to the Highway connecting the Larnaca International Airport and all major towns. The project is a 3 storey building which boasts seven (7) unique apartments various styles and number of Bedrooms all with spacious and contemporary living areas. First Floor consists of of 2 one bedroom apartments and one unique two bedroom apartment (which are now sold). Moving to the second and third floor there are only two residences per floor ensuring optimum privacy for the Owners. One unique two bedroom apartment and a well design three bedroom apartment are found on the third floor. The third floor residences benefit from private and luxurious roof-gardens with amazing views of the mountains and the beautiful sunset. Each apartment comes with a private parking area, and a storage room. Its ideal location in a quiet neighborhood allows residents to feel secure. Under Construction - Estimated Completion January 2025.
Listing is for a Three Bedroom Penthouse Apartment with Roof Terrace. This New Project is located in Vergina within close proximity to the newly Metropolis Mall in Larnaca, near the general hospital of Larnaca, close to the Highway connecting the Larnaca International Airport and all major towns. The project is a 3 storey building which boasts seven (7) unique apartments various styles and number of Bedrooms all with spacious and contemporary living areas. First Floor consists of of 2 one bedroom apartments and one unique two bedroom apartment (which are now sold). Moving to the second and third floor there are only two residences per floor ensuring optimum privacy for the Owners. One unique two bedroom apartment and a well design three bedroom apartment are found on the third floor. The third floor residences benefit from private and luxurious roof-gardens with amazing views of the mountains and the beautiful sunset. Each apartment comes with a private parking area, and a storage room. Its ideal location in a quiet neighborhood allows residents to feel secure. Under Construction - Estimated Completion January 2025.
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Currency Exchange
Vergina, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
Vergina, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
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 £12,443 more.
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