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The Marina of Limassol is one of the most luxurious developments in the Mediterranean Sea located on 170,000m2 and consisting of 285 residences made of 211 apartments and 74 villas
Limassol Marina, Limassol, Cyprus
REF: 130076
€3,720,000
Description
The Marina of Limassol is one of the most luxurious developments in the Mediterranean Sea located on 170,000m2 and consisting of 285 residences made of 211 apartments and 74 villas. There is a total of 650 berths to accommodate yachts from 8m up to 110m. The marina offers with over 40 shops like designer boutiques, pharmacies and minimarkets as well as a fitness club and a spa. The last phase of the Marina will consist of 5 blocks of 61 apartments located on a private island in the heart of the thriving marina. Being constructed by the finest material, finished to the highest standards with gated underground parking and concierge service with round-the-clock assistance.
The Marina of Limassol is one of the most luxurious developments in the Mediterranean Sea located on 170,000m2 and consisting of 285 residences made of 211 apartments and 74 villas. There is a total of 650 berths to accommodate yachts from 8m up to 110m. The marina offers with over 40 shops like designer boutiques, pharmacies and minimarkets as well as a fitness club and a spa. The last phase of the Marina will consist of 5 blocks of 61 apartments located on a private island in the heart of the thriving marina. Being constructed by the finest material, finished to the highest standards with gated underground parking and concierge service with round-the-clock assistance.
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Currency Exchange
Limassol Marina, 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 €3,720,000 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 |
|---|---|---|---|
| €3,720,000 | £3,132,910 | £3,232,457 | £99,547 |
| Property Price € | €3,720,000 |
| Minimum cost in the last six months | £3,132,910 |
| Maximum cost in the last six months | £3,232,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £99,547 |
Limassol Marina, 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 €3,720,000 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 |
|---|---|---|---|
| €3,720,000 | £3,132,910 | £3,232,457 | £99,547 |
| Property Price € | €3,720,000 |
| Minimum cost in the last six months | £3,132,910 |
| Maximum cost in the last six months | £3,232,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £99,547 |
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 £99,547 more.
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