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Apartment, For Sale, Paphos, Kato Paphos
Kato Paphos, Cyprus
REF: 927923
€265,000
Description
For sale is a modern one-bedroom apartment and a studio located in the vibrant area of Universal. This 45 m2 property is a fantastic opportunity for those seeking a comfortable and stylish living space. Built in 2010 and fully renovated in 2022, the apartment features contemporary finishes and is sold fully furnished, making it ideal for immediate occupancy. The studio is fully renovated in 2025 with high end finishes. The Universal area is known for its lively atmosphere, offering a mix of local shops, restaurants, and cafes within walking distance. Residents will appreciate the close proximity to the highway, making travel convenient and easy. Additionally, you will find a communal swimming pool, perfect for relaxation and enjoyment on warm days. The south-west facing orientation ensures plenty of natural light throughout the day. This property is perfect for a small family, first-time buyers, or as an investment opportunity. Don't miss out on this chance to own a beautifully renovated apartment in one of the most desirable neighborhoods.
For sale is a modern one-bedroom apartment and a studio located in the vibrant area of Universal. This 45 m2 property is a fantastic opportunity for those seeking a comfortable and stylish living space. Built in 2010 and fully renovated in 2022, the apartment features contemporary finishes and is sold fully furnished, making it ideal for immediate occupancy. The studio is fully renovated in 2025 with high end finishes. The Universal area is known for its lively atmosphere, offering a mix of local shops, restaurants, and cafes within walking distance. Residents will appreciate the close proximity to the highway, making travel convenient and easy. Additionally, you will find a communal swimming pool, perfect for relaxation and enjoyment on warm days. The south-west facing orientation ensures plenty of natural light throughout the day. This property is perfect for a small family, first-time buyers, or as an investment opportunity. Don't miss out on this chance to own a beautifully renovated apartment in one of the most desirable neighborhoods.
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Currency Exchange
Kato Paphos, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £224,747 | £6,413 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £224,747 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,413 |
Kato Paphos, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £224,747 | £6,413 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £224,747 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,413 |
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 £6,413 more.
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