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This bright second-floor apartment (B1) is situated in a modern residential building just moments from the bustling My Mall Limassol area, offering the perfect blend of convenience and comfortable urban living
Zakaki, Limassol, Cyprus
REF: 1001126
€240,000
Description
This bright second-floor apartment (B1) is situated in a modern residential building just moments from the bustling My Mall Limassol area, offering the perfect blend of convenience and comfortable urban living. Apartment Features: Open-plan living room, dining area, and kitchen Two bedrooms Main bathroom and a guest toilet Dedicated parking space Private storage unit Location Advantages: Only 180 meters south of Franklin Roosevelt Avenue Just 140 meters east of My Mall shopping centre Easy access to major highways including the Limassol-Paphos and Limassol-Nicosia routes Close proximity to Limassol General Hospital and local amenities Planning Details: Located within Zone Κα5 Building coefficient: 100% Coverage: 50% Permitted building height: 3 floors (13.5 meters) Additional Information: Separate title deed issuance currently in process by ALTIA Energy Performance Certificate pending issuance GPS Coordinates: 34.655223, 32.998782
This bright second-floor apartment (B1) is situated in a modern residential building just moments from the bustling My Mall Limassol area, offering the perfect blend of convenience and comfortable urban living. Apartment Features: Open-plan living room, dining area, and kitchen Two bedrooms Main bathroom and a guest toilet Dedicated parking space Private storage unit Location Advantages: Only 180 meters south of Franklin Roosevelt Avenue Just 140 meters east of My Mall shopping centre Easy access to major highways including the Limassol-Paphos and Limassol-Nicosia routes Close proximity to Limassol General Hospital and local amenities Planning Details: Located within Zone Κα5 Building coefficient: 100% Coverage: 50% Permitted building height: 3 floors (13.5 meters) Additional Information: Separate title deed issuance currently in process by ALTIA Energy Performance Certificate pending issuance GPS Coordinates: 34.655223, 32.998782
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Currency Exchange
Zakaki, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,108 | £210,077 | £11,969 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,108 |
| Maximum cost in the last six months | £210,077 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,969 |
Zakaki, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,108 | £210,077 | £11,969 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,108 |
| Maximum cost in the last six months | £210,077 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,969 |
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 £11,969 more.
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