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The property is an apartment no
Chrysopolitissa, Larnaca, Cyprus
REF: 1001383
€180,000
Description
The property is an apartment no. 1 on the 5th floor in Chrysopolitissa. The apartment (door no. 61) is part of a mixed-use building comprising 3 shops and 1 apartment on the ground floor (some of these have mezzanine level), in addition to a total of 20 apartments on the 5 upper floors. The apartment has an internal area of 153sqm and 62sqm of uncovered verandas. Part of the uncovered veranda (15sqm) has been enclosed and functionally integrated into the kitchen area. It has 3 bedrooms and 2 bathrooms. The building abuts onto Archiepiskopou Kyprianou Avenue with a facade of 48m. It is located 130m from the Archiepiskopou Makariou III Avenue and 500m from the Larnaca Main Harbor. The property offers excellent proximity to Larnaca's Marina and the nearby amenities such as shops, cafe/bar/restaurants and more. The area of the property consists of touristic and mixed-use developments. The apartment is vacant. Open days 29th July, 31st July & 5th August between 2:00pm 5:00pm Tender Deadline Submission: 6th August at 16:00
The property is an apartment no. 1 on the 5th floor in Chrysopolitissa. The apartment (door no. 61) is part of a mixed-use building comprising 3 shops and 1 apartment on the ground floor (some of these have mezzanine level), in addition to a total of 20 apartments on the 5 upper floors. The apartment has an internal area of 153sqm and 62sqm of uncovered verandas. Part of the uncovered veranda (15sqm) has been enclosed and functionally integrated into the kitchen area. It has 3 bedrooms and 2 bathrooms. The building abuts onto Archiepiskopou Kyprianou Avenue with a facade of 48m. It is located 130m from the Archiepiskopou Makariou III Avenue and 500m from the Larnaca Main Harbor. The property offers excellent proximity to Larnaca's Marina and the nearby amenities such as shops, cafe/bar/restaurants and more. The area of the property consists of touristic and mixed-use developments. The apartment is vacant. Open days 29th July, 31st July & 5th August between 2:00pm 5:00pm Tender Deadline Submission: 6th August at 16:00
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Currency Exchange
Chrysopolitissa, Larnaca, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,581 | £157,558 | £8,977 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,581 |
| Maximum cost in the last six months | £157,558 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,977 |
Chrysopolitissa, Larnaca, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,581 | £157,558 | £8,977 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,581 |
| Maximum cost in the last six months | £157,558 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,977 |
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 £8,977 more.
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