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Unique in both design and quality, this exclusive residential development is found in the heart of Paralimni, walking distance to the business and commercial center of the town
Paralimni, Ayia Napa, Cyprus
REF: 535197
€255,000
Description
Unique in both design and quality, this exclusive residential development is found in the heart of Paralimni, walking distance to the business and commercial center of the town.Modern Residences promises to be incomparable in style, quality and character. Location is the main factor that makes residence such an appealing choice. Classed as the hub of the East Coast, Paralimni has boomed in recent years from a rural community into a progressive town, which boasts an array of shops, banks, offices, boutiques and restaurants. Residences is located in a central position to all these amenities, with easy access to everything Paralimni has to offer. Although popularity and demand have caused expansion in the size of the town, it has managed to retain its rich cultural traditions and the main square still features cafes and churches, which reflect the characteristics of the old village with the modern twist of modern coffee shops and restaurants. Paralimni s central position within the East Coast makes it within easy reach of all areas. The cosmopolitan resorts of Protaras and Ayia Napa and Kapparis, which are home to some of the best beaches in Cyprus, are a short drive away, whilst Larnaca and its international airport are within 35 minutes drive from the town. Quality, design and location make this project an ideal choice for modern urban living.
Unique in both design and quality, this exclusive residential development is found in the heart of Paralimni, walking distance to the business and commercial center of the town.Modern Residences promises to be incomparable in style, quality and character. Location is the main factor that makes residence such an appealing choice. Classed as the hub of the East Coast, Paralimni has boomed in recent years from a rural community into a progressive town, which boasts an array of shops, banks, offices, boutiques and restaurants. Residences is located in a central position to all these amenities, with easy access to everything Paralimni has to offer. Although popularity and demand have caused expansion in the size of the town, it has managed to retain its rich cultural traditions and the main square still features cafes and churches, which reflect the characteristics of the old village with the modern twist of modern coffee shops and restaurants. Paralimni s central position within the East Coast makes it within easy reach of all areas. The cosmopolitan resorts of Protaras and Ayia Napa and Kapparis, which are home to some of the best beaches in Cyprus, are a short drive away, whilst Larnaca and its international airport are within 35 minutes drive from the town. Quality, design and location make this project an ideal choice for modern urban living.
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Currency Exchange
Paralimni, Ayia Napa, 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 €255,000 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 |
|---|---|---|---|
| €255,000 | £216,926 | £223,518 | £6,592 |
| Property Price € | €255,000 |
| Minimum cost in the last six months | £216,926 |
| Maximum cost in the last six months | £223,518 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,592 |
Paralimni, Ayia Napa, 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 €255,000 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 |
|---|---|---|---|
| €255,000 | £216,926 | £223,518 | £6,592 |
| Property Price € | €255,000 |
| Minimum cost in the last six months | £216,926 |
| Maximum cost in the last six months | £223,518 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,592 |
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 £6,592 more.
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