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This is a residential gated community nestled in the hills of the prestigious Germasogeia area in Limassol, with close proximity though to the city of Limassol, offering a perfect balance between serenity and city living
Germasogeia, Limassol, Cyprus
REF: 952665
€760,000
Description
This is a residential gated community nestled in the hills of the prestigious Germasogeia area in Limassol, with close proximity though to the city of Limassol, offering a perfect balance between serenity and city living. Set within a secure green environment, the project offers a range of thoughtfully designed 3-bedroom houses and villas, along with modern 1-and 2-bedroom apartments, complimented by the clubhouse, where residents can enjoy access to the swimming pool, gym, sports facilities, the residents lounge and the co-work space. In-house services are also available for the residents convenience, such as interior design, housekeeping and maintenance, as well as property and rental management. Sustainability is brimming in this project, which holds the esteemed BREEAM certification, residences are Close to Zero in energy classification with High performance glazing, acoustic and thermal insulation, energy saving lights, Domestic Hot Water central energy efficient system, Photovoltaic panels throughout, and passive energy architectural design. The thoughtfully designed residences, in combination with the extensive in-house facilities and services and the strategic location, consist of a unique living concept and safe environment, and offers high rentability and value appreciation potential.
This is a residential gated community nestled in the hills of the prestigious Germasogeia area in Limassol, with close proximity though to the city of Limassol, offering a perfect balance between serenity and city living. Set within a secure green environment, the project offers a range of thoughtfully designed 3-bedroom houses and villas, along with modern 1-and 2-bedroom apartments, complimented by the clubhouse, where residents can enjoy access to the swimming pool, gym, sports facilities, the residents lounge and the co-work space. In-house services are also available for the residents convenience, such as interior design, housekeeping and maintenance, as well as property and rental management. Sustainability is brimming in this project, which holds the esteemed BREEAM certification, residences are Close to Zero in energy classification with High performance glazing, acoustic and thermal insulation, energy saving lights, Domestic Hot Water central energy efficient system, Photovoltaic panels throughout, and passive energy architectural design. The thoughtfully designed residences, in combination with the extensive in-house facilities and services and the strategic location, consist of a unique living concept and safe environment, and offers high rentability and value appreciation potential.
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Currency Exchange
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 €760,000 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 |
|---|---|---|---|
| €760,000 | £626,164 | £643,028 | £16,864 |
| Property Price € | €760,000 |
| Minimum cost in the last six months | £626,164 |
| Maximum cost in the last six months | £643,028 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,864 |
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 €760,000 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 |
|---|---|---|---|
| €760,000 | £626,164 | £643,028 | £16,864 |
| Property Price € | €760,000 |
| Minimum cost in the last six months | £626,164 |
| Maximum cost in the last six months | £643,028 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,864 |
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 £16,864 more.
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