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Apartment, For Sale, Larnaca, Drosia
Drosia, Cyprus
REF: 958509
€310,000
Description
2 Bedroom Apartment on the 3rd and 4th floor of a 4-level modern building, located in the desirable Drosia area, a peaceful neighbourhood that blends natural beauty with a cosmopolitan atmosphere. The apartment has a 79m² internal space and consists of an open kitchen and living/dining area that extends to the 18m² covered balcony, two spacious bedrooms, one of which en-suite, a separate whole bathroom and a roof garden situated right above on the top floor with WC and storage unit. Also, the apartment has a covered parking space. Located within close proximity to the Metropolis Mall, supermarkets, and many other amenities. Just 7 minutes from Finikoudes Beach, 13 minutes from the airport, and offering quick access to the A2 motorway leading to Nicosia. The project is under study and is expected to be delivered early 2027.
2 Bedroom Apartment on the 3rd and 4th floor of a 4-level modern building, located in the desirable Drosia area, a peaceful neighbourhood that blends natural beauty with a cosmopolitan atmosphere. The apartment has a 79m² internal space and consists of an open kitchen and living/dining area that extends to the 18m² covered balcony, two spacious bedrooms, one of which en-suite, a separate whole bathroom and a roof garden situated right above on the top floor with WC and storage unit. Also, the apartment has a covered parking space. Located within close proximity to the Metropolis Mall, supermarkets, and many other amenities. Just 7 minutes from Finikoudes Beach, 13 minutes from the airport, and offering quick access to the A2 motorway leading to Nicosia. The project is under study and is expected to be delivered early 2027.
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Currency Exchange
Drosia, 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 €310,000 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 |
|---|---|---|---|
| €310,000 | £255,409 | £269,108 | £13,699 |
| Property Price € | €310,000 |
| Minimum cost in the last six months | £255,409 |
| Maximum cost in the last six months | £269,108 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,699 |
Drosia, 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 €310,000 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 |
|---|---|---|---|
| €310,000 | £255,409 | £269,108 | £13,699 |
| Property Price € | €310,000 |
| Minimum cost in the last six months | £255,409 |
| Maximum cost in the last six months | £269,108 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,699 |
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 £13,699 more.
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