Price + VAT Modern Residence in the promising area of Larnaca: The New Marina Area

Larnaca, Larnaca, Cyprus

For Sale

€270,000

REF: 136325 €270,000


2

139 m2

Description

Price + VAT Modern Residence in the promising area of Larnaca: The New Marina Area.This luxurious residential project is a 4-floors building composed of nine spacious 1-bedroom apartments and one 2-bedroom penthouse apartment with a large terrace. The New Marina Area is the fastest growing area in Larnaca where the biggest Marina & Port in Cyprus are expected to be developed.

Project Details: 4-Floors Building1 & 2 Bedroom ApartmentsAreas starting 62 SQMPenthouse Apartment with Roof GardenCovered Parking SpacesStorage Rooms500 meters from the New Marina Area700 meters from the beach5 minutes away from Larnaca City Center10 minutes away from Larnaca Airport
Price + VAT Modern Residence in the promising area of Larnaca: The New Marina Area.This luxurious residential project is a 4-floors building composed of nine spacious 1-bedroom apartments and one 2-bedroom penthouse apartment with a large terrace. The New Marina Area is the fastest growing area in Larnaca where the biggest Marina & Port in Cyprus are expected to be developed.

Project Details: 4-Floors Building1 & 2 Bedroom ApartmentsAreas starting 62 SQMPenthouse Apartment with Roof GardenCovered Parking SpacesStorage Rooms500 meters from the New Marina Area700 meters from the beach5 minutes away from Larnaca City Center10 minutes away from Larnaca Airport
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Property on Map

#SL20484

Currency Exchange

Larnaca, 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 €270,000 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
€270,000 £229,686 £236,666 £6,980
Property Price € €270,000
Minimum cost in the last six months £229,686
Maximum cost in the last six months £236,666
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,980

Larnaca, 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 €270,000 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
€270,000 £229,686 £236,666 £6,980
Property Price € €270,000
Minimum cost in the last six months £229,686
Maximum cost in the last six months £236,666
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,980

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 £6,980 more.

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