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Building, For Sale, Larnaca, Harbor
Harbor, Cyprus
REF: 764866
€500,000
Description
3 Storey Building on a plot of 251sq.m. consisting of 3 Apartments, in Port area, Larnaca. Ground Floor (approx. 125 sq.m. total internal area): 1 x 1 Bedroom Apartment, Built year 1989, Renovated in 2022 1 x 2 Bedroom Apartment, Built year 1989 1st and 2nd Floor (approx. 175 sq.m. internal area): 1 x 3 Bedroom Douplex Apartment, Built year 2006 The 1st floor comprises a living and a dining area, a large separate kitchen with living area and fireplace, 1 WC and 2 covered verandas and the 2nd floor consists of 3 bedrooms (the master bedroom with en suite shower and walk-in closet), 1 bathroom and 2 verandas. It also offers 4 A/C units, BBQ station, double glazing, solar panels and water pressurized system. The building is perfectly located in a quiet residential area within walking distance to the new Marina, supermarket, close to all the amenities and only 4 min. drive to Finikoudes and the center of Larnaca. For more information feel free to contact.
3 Storey Building on a plot of 251sq.m. consisting of 3 Apartments, in Port area, Larnaca. Ground Floor (approx. 125 sq.m. total internal area): 1 x 1 Bedroom Apartment, Built year 1989, Renovated in 2022 1 x 2 Bedroom Apartment, Built year 1989 1st and 2nd Floor (approx. 175 sq.m. internal area): 1 x 3 Bedroom Douplex Apartment, Built year 2006 The 1st floor comprises a living and a dining area, a large separate kitchen with living area and fireplace, 1 WC and 2 covered verandas and the 2nd floor consists of 3 bedrooms (the master bedroom with en suite shower and walk-in closet), 1 bathroom and 2 verandas. It also offers 4 A/C units, BBQ station, double glazing, solar panels and water pressurized system. The building is perfectly located in a quiet residential area within walking distance to the new Marina, supermarket, close to all the amenities and only 4 min. drive to Finikoudes and the center of Larnaca. For more information feel free to contact.
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Currency Exchange
Harbor, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £425,345 | £438,245 | £12,900 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £425,345 |
| Maximum cost in the last six months | £438,245 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,900 |
Harbor, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £425,345 | £438,245 | £12,900 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £425,345 |
| Maximum cost in the last six months | £438,245 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,900 |
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 £12,900 more.
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