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The complex is situated in the great area of Potamos Germasogeias 10 minutes maximum walking distance to the sea
Potamos Germasogeias, Limassol, Cyprus
REF: 115395
€750,000
Description
The complex is situated in the great area of Potamos Germasogeias 10 minutes maximum walking distance to the sea. 10 minutes drive east of the town center and the same time being within easy access of the highway linking all major towns on the island.Will be constructed in 6500m2 land, surrounding with gardens private road with roundabout and a big communal swimming pool.This luxury project will comprised of 3 bedroom houses , 2 & 3 bedroom apartments & 3 bedroom whole floor apartments.All blocks only 3 floors each. Roof garden is also optional available.The building will construct with high quality materials, with our professional staff, and certainly with the care, quality and our long term experience since 1979. Please note VAT is not included in the price
The complex is situated in the great area of Potamos Germasogeias 10 minutes maximum walking distance to the sea. 10 minutes drive east of the town center and the same time being within easy access of the highway linking all major towns on the island.Will be constructed in 6500m2 land, surrounding with gardens private road with roundabout and a big communal swimming pool.This luxury project will comprised of 3 bedroom houses , 2 & 3 bedroom apartments & 3 bedroom whole floor apartments.All blocks only 3 floors each. Roof garden is also optional available.The building will construct with high quality materials, with our professional staff, and certainly with the care, quality and our long term experience since 1979. Please note VAT is not included in the price
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Currency Exchange
Potamos Germasogeias, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £638,018 | £656,573 | £18,555 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £638,018 |
| Maximum cost in the last six months | £656,573 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,555 |
Potamos Germasogeias, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £638,018 | £656,573 | £18,555 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £638,018 |
| Maximum cost in the last six months | £656,573 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,555 |
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 £18,555 more.
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