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The project is located in Germasogeia, a quiet area of Limassol near to a host of amenities and consists of 4 x 2 bedrooms and 3 x 3 bedrooms luxury apartments
Germasogia, Limassol, Cyprus
REF: 115154
€2,565,000
Description
The project is located in Germasogeia, a quiet area of Limassol near to a host of amenities and consists of 4 x 2 bedrooms and 3 x 3 bedrooms luxury apartments. Limassol itself has a rich and diverse history, although little evidence survives as progressive modernisation has taken place. Evidence that still exists indicates a sophisticated early society founded on trade and agriculture. Many ancient sites have been discovered and these are now protected monuments that form the foundation of the region s cultural history and the basis of fantastic myths and legends. The modern city centres on Limassol Castle and the Old Port. From there a web of narrow streets contain old, shuttered houses of the once-rich traders standing side-by-side with modern shops and boutiques. This area is abuzz with cafes, bars and restaurants. Not far away is the international business hub, where global companies are headquartered and where a 24-hour trade takes place. The new Limassol Marina has added an atmosphere of cosmopolitan glamour and opulence, and this is just the start of a major development programme which will see Limassol elevated to the jewel of the Eastern Mediterranean. As the region enjoys a typical Mediterranean climate, with hot summers and mild winters, it is not surprising that Limassol is also one of the Mediterranean s premier holiday resorts.Grand Valley is close to all essential amenities. The village of Germasogeia has a range of small shops and tavernas, and also a number of bank branch offices. The short drive into Limassol offers an enormous choice in supermarkets, malls, speciality shops, boutiques, entertainment venues, restaurants and coffee shops. There too you will find good schools, medical facilities, international banks and municipality offices.The city presents many diverse cultural activities. Top class international artistes visit Limassol regularly, and throughout the year there are numerous opportunities to enjoy theatre, ballet, opera, pop, rock and jazz productions.Limassol is also gaining quite a reputation for its diverse cuisine. It is easy to find excellent restaurants specialising in foods from all around the globe.
The project is located in Germasogeia, a quiet area of Limassol near to a host of amenities and consists of 4 x 2 bedrooms and 3 x 3 bedrooms luxury apartments. Limassol itself has a rich and diverse history, although little evidence survives as progressive modernisation has taken place. Evidence that still exists indicates a sophisticated early society founded on trade and agriculture. Many ancient sites have been discovered and these are now protected monuments that form the foundation of the region s cultural history and the basis of fantastic myths and legends. The modern city centres on Limassol Castle and the Old Port. From there a web of narrow streets contain old, shuttered houses of the once-rich traders standing side-by-side with modern shops and boutiques. This area is abuzz with cafes, bars and restaurants. Not far away is the international business hub, where global companies are headquartered and where a 24-hour trade takes place. The new Limassol Marina has added an atmosphere of cosmopolitan glamour and opulence, and this is just the start of a major development programme which will see Limassol elevated to the jewel of the Eastern Mediterranean. As the region enjoys a typical Mediterranean climate, with hot summers and mild winters, it is not surprising that Limassol is also one of the Mediterranean s premier holiday resorts.Grand Valley is close to all essential amenities. The village of Germasogeia has a range of small shops and tavernas, and also a number of bank branch offices. The short drive into Limassol offers an enormous choice in supermarkets, malls, speciality shops, boutiques, entertainment venues, restaurants and coffee shops. There too you will find good schools, medical facilities, international banks and municipality offices.The city presents many diverse cultural activities. Top class international artistes visit Limassol regularly, and throughout the year there are numerous opportunities to enjoy theatre, ballet, opera, pop, rock and jazz productions.Limassol is also gaining quite a reputation for its diverse cuisine. It is easy to find excellent restaurants specialising in foods from all around the globe.
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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 €2,565,000 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 |
|---|---|---|---|
| €2,565,000 | £2,182,020 | £2,245,478 | £63,458 |
| Property Price € | €2,565,000 |
| Minimum cost in the last six months | £2,182,020 |
| Maximum cost in the last six months | £2,245,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,458 |
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 €2,565,000 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 |
|---|---|---|---|
| €2,565,000 | £2,182,020 | £2,245,478 | £63,458 |
| Property Price € | €2,565,000 |
| Minimum cost in the last six months | £2,182,020 |
| Maximum cost in the last six months | £2,245,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,458 |
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 £63,458 more.
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