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This new development in the middle of Limassol's historic centre, is a truly unique residential project in the area
Limassol Town Centre, Limassol, Cyprus
REF: 927886
€574,152
Description
This new development in the middle of Limassol's historic centre, is a truly unique residential project in the area. Limassol s historic city centre is a sought-after commercial and residential area; recently rejuvenated by the operation of the Cyprus University of Technology, this is where the city s cultural heart beats day and night. The area is home to some of the most exciting real estate developments; the Limassol Marina, Trakasol Cultural Centre, its proximity to the Molos promenade and the newly opened Old Port area, have transformed this coastal location from a historic place of interest to a vibrant entrepreneurial and entertainment hub. As a result of its historical significance and densely populated location, investing in the area lasts a lifetime.
This magnificent gated complex, graced by large windows, open space living and luxury common amenities, is a haven for enjoying Limassol's special vibe, a city constantly on the outlook for better living.
Features:
Air-conditioning, central system
Elevator
Gated complex
Gym, Sauna
Indoor heated communal pool
Underfloor heating
Covered parking
Storage
City view
Courtyard
Marble flooring
Close to amenities
Walking distance to beach
This new development in the middle of Limassol's historic centre, is a truly unique residential project in the area. Limassol s historic city centre is a sought-after commercial and residential area; recently rejuvenated by the operation of the Cyprus University of Technology, this is where the city s cultural heart beats day and night. The area is home to some of the most exciting real estate developments; the Limassol Marina, Trakasol Cultural Centre, its proximity to the Molos promenade and the newly opened Old Port area, have transformed this coastal location from a historic place of interest to a vibrant entrepreneurial and entertainment hub. As a result of its historical significance and densely populated location, investing in the area lasts a lifetime.
This magnificent gated complex, graced by large windows, open space living and luxury common amenities, is a haven for enjoying Limassol's special vibe, a city constantly on the outlook for better living.
Features:
Air-conditioning, central system
Elevator
Gated complex
Gym, Sauna
Indoor heated communal pool
Underfloor heating
Covered parking
Storage
City view
Courtyard
Marble flooring
Close to amenities
Walking distance to beach
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Property on Map
Currency Exchange
Limassol Town Centre, Limassol, 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 €574,152 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 |
|---|---|---|---|
| €574,152 | £473,044 | £493,455 | £20,411 |
| Property Price € | €574,152 |
| Minimum cost in the last six months | £473,044 |
| Maximum cost in the last six months | £493,455 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,411 |
Limassol Town Centre, Limassol, 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 €574,152 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 |
|---|---|---|---|
| €574,152 | £473,044 | £493,455 | £20,411 |
| Property Price € | €574,152 |
| Minimum cost in the last six months | £473,044 |
| Maximum cost in the last six months | £493,455 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,411 |
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 £20,411 more.
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