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Apartment Flat in Neapoli, Limassol
5693, Cyprus
REF: 643435
€2,400,000
Description
Reference ID: #16285Price details: 2,400,000 +VATThree bedroom apartment in an exclusive complex situated right on the beachfront of Limassol city. Each apartment of the complex reflects luxurious design, stylish decoration, equipped with air conditioning and underfloor heating system, fully automated "Smart Home" system and satellite antenna.Introducing new standards of luxury beyond anything previously experienced in Cyprus, Olympic Residence is a unique and elegantly designed Residential Club on a Prime Beach Front Location in Limassol, consisting of two soaring towers of impressive architectural design and construction based on the most stringent European standards and advanced engineering, with breathtaking views to the whole of Limassol coast.Olympic Residence is highly developed offering everything you can imagine to make life a luxurious experience.Five star hotel facilities including swimming pools and Hydro massage, a tennis court, a country club, a spectacular spa including a classic Roman bath, a contemporary designed gym, a beauty salon, around the clock front desk officer, an advanced property management handling all matters of maintenance, security and services and a range of other exclusive facilities and offerings that make an ideal combination of comfort efficiency and design.
Reference ID: #16285Price details: 2,400,000 +VATThree bedroom apartment in an exclusive complex situated right on the beachfront of Limassol city. Each apartment of the complex reflects luxurious design, stylish decoration, equipped with air conditioning and underfloor heating system, fully automated "Smart Home" system and satellite antenna.Introducing new standards of luxury beyond anything previously experienced in Cyprus, Olympic Residence is a unique and elegantly designed Residential Club on a Prime Beach Front Location in Limassol, consisting of two soaring towers of impressive architectural design and construction based on the most stringent European standards and advanced engineering, with breathtaking views to the whole of Limassol coast.Olympic Residence is highly developed offering everything you can imagine to make life a luxurious experience.Five star hotel facilities including swimming pools and Hydro massage, a tennis court, a country club, a spectacular spa including a classic Roman bath, a contemporary designed gym, a beauty salon, around the clock front desk officer, an advanced property management handling all matters of maintenance, security and services and a range of other exclusive facilities and offerings that make an ideal combination of comfort efficiency and design.
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Currency Exchange
5693, 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 €2,400,000 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 |
|---|---|---|---|
| €2,400,000 | £2,041,656 | £2,103,696 | £62,040 |
| Property Price € | €2,400,000 |
| Minimum cost in the last six months | £2,041,656 |
| Maximum cost in the last six months | £2,103,696 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £62,040 |
5693, 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 €2,400,000 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 |
|---|---|---|---|
| €2,400,000 | £2,041,656 | £2,103,696 | £62,040 |
| Property Price € | €2,400,000 |
| Minimum cost in the last six months | £2,041,656 |
| Maximum cost in the last six months | £2,103,696 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £62,040 |
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 £62,040 more.
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