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Apartment, For Sale, Limassol, Mesa Geitonia
Mesa Geitonia, Cyprus
REF: 947980
€295,000
Description
This charming two-bedroom apartment is located on the 1st floor of a 4-storey building, built in 2008, right in the heart of Mesa Geitonia. Offering an open-plan living space that connects seamlessly to a spacious 15 sq.m. balcony, this apartment is perfect for both personal living or as a rental investment. The layout features two well-sized bedrooms, a family bathroom with a bathtub, and an additional balcony attached to one of the bedrooms. The apartment is ideally situated within walking distance to Georgiou Griva Digeni Avenue and Spyrou Kyprianou Avenue, providing easy access to shops, amenities, bus stops, and services. Plus, it€™s just a 3-minute drive to both the highway and the beach.
This charming two-bedroom apartment is located on the 1st floor of a 4-storey building, built in 2008, right in the heart of Mesa Geitonia. Offering an open-plan living space that connects seamlessly to a spacious 15 sq.m. balcony, this apartment is perfect for both personal living or as a rental investment. The layout features two well-sized bedrooms, a family bathroom with a bathtub, and an additional balcony attached to one of the bedrooms. The apartment is ideally situated within walking distance to Georgiou Griva Digeni Avenue and Spyrou Kyprianou Avenue, providing easy access to shops, amenities, bus stops, and services. Plus, it€™s just a 3-minute drive to both the highway and the beach.
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Currency Exchange
Mesa Geitonia, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £243,051 | £249,597 | £6,546 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,051 |
| Maximum cost in the last six months | £249,597 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,546 |
Mesa Geitonia, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £243,051 | £249,597 | £6,546 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,051 |
| Maximum cost in the last six months | £249,597 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,546 |
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 £6,546 more.
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