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Project is located on the outskirts of Sotira, literally 5 minutes away from Ayia Thekla Beach and 5 from Paralimni, and it enjoys an elevated position with sea views
Sotira, Famagusta, Cyprus
REF: 947763
€235,000
Description
Project is located on the outskirts of Sotira, literally 5 minutes away from Ayia Thekla Beach and 5 from Paralimni, and it enjoys an elevated position with sea views. Project consist of 13 apartments with one and two bedrooms. All apartments are designed with comfort and privacy in mind, offering spacious accommodation with large balconies and roof gardens (for the second floor apartments). Each apartment comes in a wide choice of quality finish and is equipped with large wardrobes, spaciously designed kitchen, provisions for integrated kitchen appliances and provisions for central air conditioning. These are some of the special touches unique only to Pingos Estates which offer you the flexibility and quality sought by even the most demanding of buyers. The project also features private parking spaces for all apartments, a communal barbeque area, facilities for the disabled and an elevator. Located within close proximity to all amenities, only a few minutes drive from the spectacular white sandy beaches of Ayia Napa and 30 minutes from Larnaca International Airport, this elegant project is ideal for both permanent residence and for holiday purposes.
Project is located on the outskirts of Sotira, literally 5 minutes away from Ayia Thekla Beach and 5 from Paralimni, and it enjoys an elevated position with sea views. Project consist of 13 apartments with one and two bedrooms. All apartments are designed with comfort and privacy in mind, offering spacious accommodation with large balconies and roof gardens (for the second floor apartments). Each apartment comes in a wide choice of quality finish and is equipped with large wardrobes, spaciously designed kitchen, provisions for integrated kitchen appliances and provisions for central air conditioning. These are some of the special touches unique only to Pingos Estates which offer you the flexibility and quality sought by even the most demanding of buyers. The project also features private parking spaces for all apartments, a communal barbeque area, facilities for the disabled and an elevator. Located within close proximity to all amenities, only a few minutes drive from the spectacular white sandy beaches of Ayia Napa and 30 minutes from Larnaca International Airport, this elegant project is ideal for both permanent residence and for holiday purposes.
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Currency Exchange
Sotira, Famagusta, 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 €235,000 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 |
|---|---|---|---|
| €235,000 | £193,617 | £204,001 | £10,385 |
| Property Price € | €235,000 |
| Minimum cost in the last six months | £193,617 |
| Maximum cost in the last six months | £204,001 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,385 |
Sotira, Famagusta, 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 €235,000 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 |
|---|---|---|---|
| €235,000 | £193,617 | £204,001 | £10,385 |
| Property Price € | €235,000 |
| Minimum cost in the last six months | £193,617 |
| Maximum cost in the last six months | £204,001 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,385 |
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 £10,385 more.
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