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Apartment, For Sale, Paphos, Pegeia
Pegeia, Cyprus
REF: 950447
€75,000
Description
For sale is a charming resale apartment located in the picturesque area of Peyia. This well-sized unit offers a comfortable internal space of 65 m2. It features two cozy bedrooms and a modern bathroom, making it an ideal choice for couples, small families, or as a holiday retreat. The apartment has the right of use of the communal swimming pool and other communal facilities. It is vacant and it is suitable for private use or for short rental with a good return. Peyia is known for its stunning natural beauty and vibrant community. With breathtaking views of the coast and nearby mountains, this area provides a tranquil lifestyle while still being close to lively amenities. Enjoy the beautiful beaches, local tavernas, and the warm climate that makes outdoor living enjoyable year-round. The charming village center is just a short drive away, offering shops, restaurants, and recreational activities suitable for all ages. This apartment is being sold unfurnished, allowing you to personalize the space to your liking. Whether you are looking for a permanent residence or a vacation home, this property in Peyia is a perfect fit. No title deeds available. Way of Transfer: Assignment of contract.
For sale is a charming resale apartment located in the picturesque area of Peyia. This well-sized unit offers a comfortable internal space of 65 m2. It features two cozy bedrooms and a modern bathroom, making it an ideal choice for couples, small families, or as a holiday retreat. The apartment has the right of use of the communal swimming pool and other communal facilities. It is vacant and it is suitable for private use or for short rental with a good return. Peyia is known for its stunning natural beauty and vibrant community. With breathtaking views of the coast and nearby mountains, this area provides a tranquil lifestyle while still being close to lively amenities. Enjoy the beautiful beaches, local tavernas, and the warm climate that makes outdoor living enjoyable year-round. The charming village center is just a short drive away, offering shops, restaurants, and recreational activities suitable for all ages. This apartment is being sold unfurnished, allowing you to personalize the space to your liking. Whether you are looking for a permanent residence or a vacation home, this property in Peyia is a perfect fit. No title deeds available. Way of Transfer: Assignment of contract.
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Currency Exchange
Pegeia, 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 €75,000 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 |
|---|---|---|---|
| €75,000 | £61,793 | £63,457 | £1,664 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £61,793 |
| Maximum cost in the last six months | £63,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,664 |
Pegeia, 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 €75,000 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 |
|---|---|---|---|
| €75,000 | £61,793 | £63,457 | £1,664 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £61,793 |
| Maximum cost in the last six months | £63,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,664 |
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 £1,664 more.
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