Price+VAT This is a boutique project situated in the area of Paniotis within the Germasogeia municipality of Limassol

Germasogia, Limassol, Cyprus

For Sale

€725,000

REF: 646814 €725,000


3

3

135 m2

Description

Price+VAT This is a boutique project situated in the area of Paniotis within the Germasogeia municipality of Limassol. It comprises four premium apartments, which enjoy a number of benefits that they will offer to their prospective owners. The four apartments are coupled into two categories: The two Penthouses, with their roof gardens, which will offer commanding views of the Limassol skyline in the backdrop of the Mediterranean - and the Maisonettes, which will offer their villa-style living with their gardens and pools.

The location provides direct access to both the Germasogeia and Agios Athanasios round-abouts and direct access to Kolonakiou street, a main artery into the city and the beachfront. The design team which is led by Armeftis Partners, an outstanding architectural practice active in both Cyprus and Greece, have designed the project having in mind the optimum use of areas, an abundance of light, focus on fine views and a supreme level of aesthetics and detail.

The drivers of their endeavour have always been to give residents an elevated lifestyle and investors a lucrative return.The penthouses are situated in the top half of the building and are split into three levels (levels 4-6). They offer spectacular views of Limassol city and the sea beyond. The apartments include the following features:1.

One main bedroom with ensuite bathroom and two extra bedrooms with sharedbathroom on level 12. Kitchen, guest toilet and living room on level 23. Private gardens for each maisonette and option for private pool at level 14. Internal private staircase connecting level 1 with level 25. Two covered parking spaces for each aisonette6. Completely isolated unit with no common walls or slabs with any other apartmentEnergy Efficiency Certificate (???) of the project: Category A
Price+VAT This is a boutique project situated in the area of Paniotis within the Germasogeia municipality of Limassol. It comprises four premium apartments, which enjoy a number of benefits that they will offer to their prospective owners. The four apartments are coupled into two categories: The two Penthouses, with their roof gardens, which will offer commanding views of the Limassol skyline in the backdrop of the Mediterranean - and the Maisonettes, which will offer their villa-style living with their gardens and pools.

The location provides direct access to both the Germasogeia and Agios Athanasios round-abouts and direct access to Kolonakiou street, a main artery into the city and the beachfront. The design team which is led by Armeftis Partners, an outstanding architectural practice active in both Cyprus and Greece, have designed the project having in mind the optimum use of areas, an abundance of light, focus on fine views and a supreme level of aesthetics and detail.

The drivers of their endeavour have always been to give residents an elevated lifestyle and investors a lucrative return.The penthouses are situated in the top half of the building and are split into three levels (levels 4-6). They offer spectacular views of Limassol city and the sea beyond. The apartments include the following features:1.

One main bedroom with ensuite bathroom and two extra bedrooms with sharedbathroom on level 12. Kitchen, guest toilet and living room on level 23. Private gardens for each maisonette and option for private pool at level 14. Internal private staircase connecting level 1 with level 25. Two covered parking spaces for each aisonette6. Completely isolated unit with no common walls or slabs with any other apartmentEnergy Efficiency Certificate (???) of the project: Category A
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Property on Map

#SL22609

Currency Exchange

Germasogia, Limassol, 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 €725,000 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
€725,000 £616,750 £634,687 £17,937
Property Price € €725,000
Minimum cost in the last six months £616,750
Maximum cost in the last six months £634,687
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,937

Germasogia, Limassol, 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 €725,000 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
€725,000 £616,750 £634,687 £17,937
Property Price € €725,000
Minimum cost in the last six months £616,750
Maximum cost in the last six months £634,687
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,937

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 £17,937 more.

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