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Apartment, For Sale, Famagusta, Kapparis
Kapparis, Cyprus
REF: 765388
€190,000
Description
The Units 6 blocs 40 apartments 1-2 bedrooms The Development Payment facilities Rental facilities Permanent residency The project is perfectly located in the only area of Protaras that stays open all year long. At a walking distance of some of the towns best restaurants & trendiest hot spots, our apartments overlook the Mediterranean Sea, creating the perfect setting for a vibrant community. Cypriots are known for their friendliness. Being true to the countrys traditions and culture, our communal gym and pool are accessible to all residents and our apartments are built to promote such interactions. Dont be afraid to get to know your neighbours. In fact, socializing is very much encouraged. Remember, good company cultivates the soul, especially when youre already in paradise! Completion date April 2024
The Units 6 blocs 40 apartments 1-2 bedrooms The Development Payment facilities Rental facilities Permanent residency The project is perfectly located in the only area of Protaras that stays open all year long. At a walking distance of some of the towns best restaurants & trendiest hot spots, our apartments overlook the Mediterranean Sea, creating the perfect setting for a vibrant community. Cypriots are known for their friendliness. Being true to the countrys traditions and culture, our communal gym and pool are accessible to all residents and our apartments are built to promote such interactions. Dont be afraid to get to know your neighbours. In fact, socializing is very much encouraged. Remember, good company cultivates the soul, especially when youre already in paradise! Completion date April 2024
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Currency Exchange
Kapparis, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £161,631 | £166,543 | £4,912 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £161,631 |
| Maximum cost in the last six months | £166,543 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,912 |
Kapparis, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £161,631 | £166,543 | £4,912 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £161,631 |
| Maximum cost in the last six months | £166,543 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,912 |
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 £4,912 more.
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