Positioned in the prime location of Universal, this beautifully presented penthouse property is no more than a few minutes walk away to the beaches and the harbor with its lovely seafront promenade

Universal, Paphos, Cyprus

For Sale

€315,000

REF: 520615 €315,000


3

2


130 m2

Description

Positioned in the prime location of Universal, this beautifully presented penthouse property is no more than a few minutes walk away to the beaches and the harbor with its lovely seafront promenade. Residents have the exclusive use of the Communal Swimming Pool and Beautiful Landscaped Gardens. There is underground covered parking, plus there is a spacious storage area.

There is a spacious open plan lounge and dining area. The kitchen has recently been updated and modernized. From the lounge area are sliding patio doors which open up the spacious balcony which facing the pool area. Here there is space for having a BBQ with friends or relaxing on the sun loungers and enjoying the warm summer days.

There are also awnings which cover the veranda allowing for coverage. There is an open kitchen which then opens up to the back balcony. This seating area faces the open field and has sea views. Plus there is a utility rooms which is convenient for storage. The master bedroom has its own en-suite shower room and has access to the large balcony.

The second bedroom shares a family bathroom with the third bedroom. Both bedrooms have fitted wardrobes and air conditioning. The third bedroom is currently being utilized as the office area, however the cupboard are movable which means it can be utilized as a third double bedroom. Features, air conditioning, double glazing, granite worktops, solar heated panels to warm the water with water pressure pump, modern finishes, well maintained, new air conditioning, irrigation system, built in BBQ, and FULL title deeds. With being in close proximity to all amenities, this is an ideal investment opportunity or for residency.
Positioned in the prime location of Universal, this beautifully presented penthouse property is no more than a few minutes walk away to the beaches and the harbor with its lovely seafront promenade. Residents have the exclusive use of the Communal Swimming Pool and Beautiful Landscaped Gardens. There is underground covered parking, plus there is a spacious storage area.

There is a spacious open plan lounge and dining area. The kitchen has recently been updated and modernized. From the lounge area are sliding patio doors which open up the spacious balcony which facing the pool area. Here there is space for having a BBQ with friends or relaxing on the sun loungers and enjoying the warm summer days.

There are also awnings which cover the veranda allowing for coverage. There is an open kitchen which then opens up to the back balcony. This seating area faces the open field and has sea views. Plus there is a utility rooms which is convenient for storage. The master bedroom has its own en-suite shower room and has access to the large balcony.

The second bedroom shares a family bathroom with the third bedroom. Both bedrooms have fitted wardrobes and air conditioning. The third bedroom is currently being utilized as the office area, however the cupboard are movable which means it can be utilized as a third double bedroom. Features, air conditioning, double glazing, granite worktops, solar heated panels to warm the water with water pressure pump, modern finishes, well maintained, new air conditioning, irrigation system, built in BBQ, and FULL title deeds. With being in close proximity to all amenities, this is an ideal investment opportunity or for residency.
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Currency Exchange

Universal, Paphos, 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 €315,000 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
€315,000 £267,967 £274,315 £6,347
Property Price € €315,000
Minimum cost in the last six months £267,967
Maximum cost in the last six months £274,315
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,347

Universal, Paphos, 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 €315,000 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
€315,000 £267,967 £274,315 £6,347
Property Price € €315,000
Minimum cost in the last six months £267,967
Maximum cost in the last six months £274,315
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,347

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 £6,347 more.

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