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Price fro 690,000 + VAT The Luxury Residence at the heart of Limassol s tourist area is a striking new project with impressive design details, just 400 metres from the sea
Germasogia, Limassol, Cyprus
REF: 114470
€690,000
Description
Price fro 690,000 + VAT The Luxury Residence at the heart of Limassol s tourist area is a striking new project with impressive design details, just 400 metres from the sea. Created to offer an affluent island lifestyle to all residents through a carefully laid out complex which is close to all necessary amenities, it includes 3 apartment blocks and 4 semi-detached houses. The 4-bedroom semi-detached houses follow a modern modular design with exterior wood finishes and private landscaped gardens with mature trees and a convenient automatic irrigation system. The 2 bedroom homes include under floor heating and double glazed windows for maximum comfort throughout the year as well as provisional electric shutters, solar system for hot water, ample parking as well as access to the children s playground and communal swimming pool.
Price fro 690,000 + VAT The Luxury Residence at the heart of Limassol s tourist area is a striking new project with impressive design details, just 400 metres from the sea. Created to offer an affluent island lifestyle to all residents through a carefully laid out complex which is close to all necessary amenities, it includes 3 apartment blocks and 4 semi-detached houses. The 4-bedroom semi-detached houses follow a modern modular design with exterior wood finishes and private landscaped gardens with mature trees and a convenient automatic irrigation system. The 2 bedroom homes include under floor heating and double glazed windows for maximum comfort throughout the year as well as provisional electric shutters, solar system for hot water, ample parking as well as access to the children s playground and communal swimming pool.
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Currency Exchange
Germasogia, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,047 | £17,071 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,047 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,071 |
Germasogia, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,047 | £17,071 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,047 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,071 |
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 £17,071 more.
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