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Price + VAT This four-storey building consists of two-bedroom apartments and a penthouse, all with en-suite bathrooms, electric shutters in the bedrooms, storage rooms and their own covered parking spaces
Pano Paphos - Up Town, Paphos, Cyprus
REF: 613204
€265,000
Description
Price + VAT This four-storey building consists of two-bedroom apartments and a penthouse, all with en-suite bathrooms, electric shutters in the bedrooms, storage rooms and their own covered parking spaces. Most importantly in this day and age of rising energy costs they will all have their own photovoltaics to help keep running costs low. Fine materials, generous spaces, attention to detail and a sense of comfort and luxury without being ostentatious all characterise these apartments. The development is perfect for young people who want to be in the heart of the action. It boasts a superb location in a quiet neighbourhood in the heart of the city with places to eat, drink, shop, work and play at your doorstep. It s just a few minutes from the city s central square, near schools, supermarkets, a shopping mall and pharmacies. Best of all, the sea is a ten-minute drive away with a variety of beaches to choose from, while the motorway to explore places further afield is also within very easy access. Development appears also to be a first-class investment opportunity based on rental income as the proximity to all amenities like tavernas, schools, supermarkets, to the Pafos Mall, to the sea and to the TEPAK University makes it attractive to renters and students. The four-storey apartment block consists of: 4 two-bedroom apartments on the first floor 4 two-bedroom apartments on the second floor 4 two-bedroom apartments on the third floor 1 three-bedroom apartment on the fourth floor Covered parking Individual provision for electric car charger Storage on the ground floor level Master bedroom en-suite Doorbell color camera Large bedrooms Large balconies Security apartment entrance door Security building main entrance door Pressurized water supply system Hot water solar panels Provision for air conditioners Thermal walls 8cm polystyrene wrapping the building Thermal aluminum window (type MUSKITA 3000 THERMAL) Energy efficiency class A certificate issued Gated community Surveillance cameras around the building Detached apartments Photovoltaic system for each apartment Photovoltaic system for the common electricity consumption Electric shutters on Bedrooms windows Luxury sanitary ware Concealed A/c units Underfloor central heating Granite kitchen worktop Full electrical appliances (white goods)
Price + VAT This four-storey building consists of two-bedroom apartments and a penthouse, all with en-suite bathrooms, electric shutters in the bedrooms, storage rooms and their own covered parking spaces. Most importantly in this day and age of rising energy costs they will all have their own photovoltaics to help keep running costs low. Fine materials, generous spaces, attention to detail and a sense of comfort and luxury without being ostentatious all characterise these apartments. The development is perfect for young people who want to be in the heart of the action. It boasts a superb location in a quiet neighbourhood in the heart of the city with places to eat, drink, shop, work and play at your doorstep. It s just a few minutes from the city s central square, near schools, supermarkets, a shopping mall and pharmacies. Best of all, the sea is a ten-minute drive away with a variety of beaches to choose from, while the motorway to explore places further afield is also within very easy access. Development appears also to be a first-class investment opportunity based on rental income as the proximity to all amenities like tavernas, schools, supermarkets, to the Pafos Mall, to the sea and to the TEPAK University makes it attractive to renters and students. The four-storey apartment block consists of: 4 two-bedroom apartments on the first floor 4 two-bedroom apartments on the second floor 4 two-bedroom apartments on the third floor 1 three-bedroom apartment on the fourth floor Covered parking Individual provision for electric car charger Storage on the ground floor level Master bedroom en-suite Doorbell color camera Large bedrooms Large balconies Security apartment entrance door Security building main entrance door Pressurized water supply system Hot water solar panels Provision for air conditioners Thermal walls 8cm polystyrene wrapping the building Thermal aluminum window (type MUSKITA 3000 THERMAL) Energy efficiency class A certificate issued Gated community Surveillance cameras around the building Detached apartments Photovoltaic system for each apartment Photovoltaic system for the common electricity consumption Electric shutters on Bedrooms windows Luxury sanitary ware Concealed A/c units Underfloor central heating Granite kitchen worktop Full electrical appliances (white goods)
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Currency Exchange
Pano Paphos - Up Town, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £225,433 | £231,989 | £6,556 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £225,433 |
| Maximum cost in the last six months | £231,989 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,556 |
Pano Paphos - Up Town, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £225,433 | £231,989 | £6,556 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £225,433 |
| Maximum cost in the last six months | £231,989 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,556 |
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 £6,556 more.
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