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Apartment Flat in Omonoias, Limassol
5694, Cyprus
REF: 642105
€260,000
Description
Reference ID: #SA29439Price details: 260,000 +VATThis two-bedroom apartment is located on Limassol s west side and is part of a seven-unit structure. The nearest regulated sandy beach is 2.2 kilometers distant from the apartment s calm neighborhood. All other necessities, such as stores, restaurants, and supermarkets, are also within one kilometer. The building s position also allows quick access to the highway, making it a suitable base for commuters or regular travelers, as it is only 50 kilometers from Larnaca and Paphos airports.The layout is somewhat generous, with a master bedroom with an ensuite and a second bedroom sharing a family bathroom. The fully fitted kitchen is connected to the open-plan living and dining room.Superb entrance lobby, luminous interiors, elevated finishing materials, double-glazed windows, fitted kitchen cabinets, and built-in bedroom wardrobes are just a few examples of how each component of the design, construction, and finishing is oriented toward quality and comfort in an urban Mediterranean setting. A peaceful veranda with views of the region is a significant aspect of the lifestyle offered by the apartment. Each unit is assigned its own parking space, and the building has one dedicated just for those with disabilities.Its superb location, urban luxury, and accessibility of this apartment, make it a perfect home in the eclectic coastal town of Limassol. Investors in real estate can easily identify this block s potential as a property with broad appeal in both the local and expatriate markets, for both long-term and holiday rental.Covered area 75 sq.m.Covered veranda 12 sq.m.Year of Construction: Q3 2024PLUS V.A.T
Reference ID: #SA29439Price details: 260,000 +VATThis two-bedroom apartment is located on Limassol s west side and is part of a seven-unit structure. The nearest regulated sandy beach is 2.2 kilometers distant from the apartment s calm neighborhood. All other necessities, such as stores, restaurants, and supermarkets, are also within one kilometer. The building s position also allows quick access to the highway, making it a suitable base for commuters or regular travelers, as it is only 50 kilometers from Larnaca and Paphos airports.The layout is somewhat generous, with a master bedroom with an ensuite and a second bedroom sharing a family bathroom. The fully fitted kitchen is connected to the open-plan living and dining room.Superb entrance lobby, luminous interiors, elevated finishing materials, double-glazed windows, fitted kitchen cabinets, and built-in bedroom wardrobes are just a few examples of how each component of the design, construction, and finishing is oriented toward quality and comfort in an urban Mediterranean setting. A peaceful veranda with views of the region is a significant aspect of the lifestyle offered by the apartment. Each unit is assigned its own parking space, and the building has one dedicated just for those with disabilities.Its superb location, urban luxury, and accessibility of this apartment, make it a perfect home in the eclectic coastal town of Limassol. Investors in real estate can easily identify this block s potential as a property with broad appeal in both the local and expatriate markets, for both long-term and holiday rental.Covered area 75 sq.m.Covered veranda 12 sq.m.Year of Construction: Q3 2024PLUS V.A.T
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Currency Exchange
5694, 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 €260,000 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 |
|---|---|---|---|
| €260,000 | £221,179 | £227,612 | £6,432 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £221,179 |
| Maximum cost in the last six months | £227,612 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,432 |
5694, 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 €260,000 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 |
|---|---|---|---|
| €260,000 | £221,179 | £227,612 | £6,432 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £221,179 |
| Maximum cost in the last six months | £227,612 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,432 |
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 £6,432 more.
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