Paralimni, Famagusta - 225,000

Paralimni, Famagusta, Cyprus

For Sale

€225,000

REF: 552447 €225,000


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Description

Two Bedroom Penthouse Apartment For Sale in Paralimni, Famagusta- Title Deeds (New Build Process)Last remaining penthouse apartment !! M204A stylish block of apartments located in a quiet residential part of Paralimni, just a couple of minutes to the local amenities and only a five minute drive... Two Bedroom Penthouse Apartment For Sale in Paralimni, Famagusta- Title Deeds (New Build Process)Last remaining penthouse apartment !! M204A stylish block of apartments located in a quiet residential part of Paralimni, just a couple of minutes to the local amenities and only a five minute drive to the nearest beaches.

The complex will consist of 6 spacious two bedroom apartments with open plan living areas, covered and un-covered verandas boasting views over Famagusta and the coast. The complex will provide a private ground floor storage area, covered allocated car parking, lift access to all floors and will combine modern designs and materials to give a sense of peace and tranquillity.

The penthouse apartments will also benefit from private roof terraces so you can really make the most of the beautiful surroundings.- 2 Double bedrooms with ensuite and fitted wardrobes- Open plan living, dining and kitchen area- Fully fitted kitchen- Guest W/C- Techno-granite work tops- Energy efficient LED lighting- Double glazed windows- Provisions for air conditioning- Provisions for central heating- Pressurised water system- Solar water heating- Optional smart home system (additional cost)- Security entrance door- Private roof terrace- Private ground floor storage- Allocated car parking- Gated complex entrance- Internal area 75 m2- Covered veranda 12 - 20 m2- Private roof terrace 42 - 64 m2- Communal fees TBC- 5 Minutes to the local shops and amenities- 5 Minutes to the nearest beach- 50 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency- Subject to VAT- Energy Efficiency AParalimniParalimni is the largest town on the island's east coast and has a lovely mix of both modern & old architecture.

The word Paralimni means 'by the lake'. Historically, the town was built on the shores of a shallow lake which is often dry during the summer months and fills with water and flocks of migrating flamingos during the winter. At its heart lies a shopping centre and small entertainment scene, including cafes, bars, restaurants, supermarkets & banks and is suitable for both permanent & holiday living.

You are also only a 10 minute drive to a variety of beaches.------------* Title Deeds (New Build Process)* Private Roof Terrace* Sea Views* Suitable for Cyprus Permanent Residency* Subject to VAT* Off Plan - Completion Due November 2024* Energy Efficiency AParalimniParalimniCounty: FamagustaSale Type: For SaleRef #: RHD020N2P
Two Bedroom Penthouse Apartment For Sale in Paralimni, Famagusta- Title Deeds (New Build Process)Last remaining penthouse apartment !! M204A stylish block of apartments located in a quiet residential part of Paralimni, just a couple of minutes to the local amenities and only a five minute drive... Two Bedroom Penthouse Apartment For Sale in Paralimni, Famagusta- Title Deeds (New Build Process)Last remaining penthouse apartment !! M204A stylish block of apartments located in a quiet residential part of Paralimni, just a couple of minutes to the local amenities and only a five minute drive to the nearest beaches.

The complex will consist of 6 spacious two bedroom apartments with open plan living areas, covered and un-covered verandas boasting views over Famagusta and the coast. The complex will provide a private ground floor storage area, covered allocated car parking, lift access to all floors and will combine modern designs and materials to give a sense of peace and tranquillity.

The penthouse apartments will also benefit from private roof terraces so you can really make the most of the beautiful surroundings.- 2 Double bedrooms with ensuite and fitted wardrobes- Open plan living, dining and kitchen area- Fully fitted kitchen- Guest W/C- Techno-granite work tops- Energy efficient LED lighting- Double glazed windows- Provisions for air conditioning- Provisions for central heating- Pressurised water system- Solar water heating- Optional smart home system (additional cost)- Security entrance door- Private roof terrace- Private ground floor storage- Allocated car parking- Gated complex entrance- Internal area 75 m2- Covered veranda 12 - 20 m2- Private roof terrace 42 - 64 m2- Communal fees TBC- 5 Minutes to the local shops and amenities- 5 Minutes to the nearest beach- 50 Minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency- Subject to VAT- Energy Efficiency AParalimniParalimni is the largest town on the island's east coast and has a lovely mix of both modern & old architecture.

The word Paralimni means 'by the lake'. Historically, the town was built on the shores of a shallow lake which is often dry during the summer months and fills with water and flocks of migrating flamingos during the winter. At its heart lies a shopping centre and small entertainment scene, including cafes, bars, restaurants, supermarkets & banks and is suitable for both permanent & holiday living.

You are also only a 10 minute drive to a variety of beaches.------------* Title Deeds (New Build Process)* Private Roof Terrace* Sea Views* Suitable for Cyprus Permanent Residency* Subject to VAT* Off Plan - Completion Due November 2024* Energy Efficiency AParalimniParalimniCounty: FamagustaSale Type: For SaleRef #: RHD020N2P
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Currency Exchange

Paralimni, Famagusta, 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 €225,000 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
€225,000 £191,405 £197,222 £5,816
Property Price € €225,000
Minimum cost in the last six months £191,405
Maximum cost in the last six months £197,222
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,816

Paralimni, Famagusta, 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 €225,000 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
€225,000 £191,405 £197,222 £5,816
Property Price € €225,000
Minimum cost in the last six months £191,405
Maximum cost in the last six months £197,222
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,816

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 £5,816 more.

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