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This is a unique complex located in the center of Limassol in a prestigious housing areas of the city, that is located within walking distance from Dassoudi (one of the best Limassol beaches), and 250m from the seaside road
Potamos Germasogeia, Limassol, Cyprus
REF: 951940
€1,350,000
Description
This is a unique complex located in the center of Limassol in a prestigious housing areas of the city, that is located within walking distance from Dassoudi (one of the best Limassol beaches), and 250m from the seaside road. It is a very special place in Limassol, where both eucalyptus and pine trees groves stretch for 1.5 km along the beach and create a rare and very healthy microclimate, an ideal place for leisure and sport activities. All the necessary amenities and hotels are also within walking distance. Though it is located within walking distance away from the best beach in the city and Limassol s promenade, within this prestigious neighbourhood it is completely isolated from the curious gaze of passers-by and the busy seafront. All the above creates a really rare combination, which is extremely difficult to attain.
The building complex consists of a block of 5 apartments and detached house Le Chateau, creating a symmetrical harmonious L-shaped structure. The units are connected by columned arches with stonework. In the center of the complex, there is a large swimming pool finished with mosaics. The large area of the plot accommodates, apart from the swimming pool, a spacious recreational area with landscaped English garden.
The project has three 3 bedroom apartments, two 3 bedroom duplexes and a separate 5-bedroom house over 2 floors with an internal courtyard, associated basement and roof garden and BBQ area, which is the gem of the building complex. The living room and bedrooms are substantially larger than in standard apartments in Cyprus.
A combination of classical style of architecture and the highest level of finishing yet at mid-range prices is what makes it unique.
This is a unique complex located in the center of Limassol in a prestigious housing areas of the city, that is located within walking distance from Dassoudi (one of the best Limassol beaches), and 250m from the seaside road. It is a very special place in Limassol, where both eucalyptus and pine trees groves stretch for 1.5 km along the beach and create a rare and very healthy microclimate, an ideal place for leisure and sport activities. All the necessary amenities and hotels are also within walking distance. Though it is located within walking distance away from the best beach in the city and Limassol s promenade, within this prestigious neighbourhood it is completely isolated from the curious gaze of passers-by and the busy seafront. All the above creates a really rare combination, which is extremely difficult to attain.
The building complex consists of a block of 5 apartments and detached house Le Chateau, creating a symmetrical harmonious L-shaped structure. The units are connected by columned arches with stonework. In the center of the complex, there is a large swimming pool finished with mosaics. The large area of the plot accommodates, apart from the swimming pool, a spacious recreational area with landscaped English garden.
The project has three 3 bedroom apartments, two 3 bedroom duplexes and a separate 5-bedroom house over 2 floors with an internal courtyard, associated basement and roof garden and BBQ area, which is the gem of the building complex. The living room and bedrooms are substantially larger than in standard apartments in Cyprus.
A combination of classical style of architecture and the highest level of finishing yet at mid-range prices is what makes it unique.
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Currency Exchange
Potamos Germasogeia, 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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,112,265 | £1,142,222 | £29,957 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,112,265 |
| Maximum cost in the last six months | £1,142,222 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,957 |
Potamos Germasogeia, 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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,112,265 | £1,142,222 | £29,957 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,112,265 |
| Maximum cost in the last six months | £1,142,222 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,957 |
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 £29,957 more.
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