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Building, For Sale, Larnaca, Sotiros
Sotiros, Cyprus
REF: 766009
€690,000
Description
Off-Plan BuildingFor Sale with 3 Whole Floor 3 Bedroom Apartments, in Larnaca, SalaminaStadium areaOne apartment on each floor.With shared Roof-Garden space of 31mLocated in a quiet residential area, with easy access to all amenities, to the city center and the highway.Each apartment includes:Open plan Kitchen/Living/Dining room, guests w.c. with shower and 3 bedrooms from which the main with en-suite and walk-in wardrobes.Utilityarea and extra wardrobesin the hallway.107m internal area & 18m covered verandaStorage room and covered parking on the ground floor.Modern and quality design.Each apartment could be sold separatelyas follow:1st floor: 215,000 + VAT2nd floor:230,000 + VAT3rd floor: 245,000 + VAT
Off-Plan BuildingFor Sale with 3 Whole Floor 3 Bedroom Apartments, in Larnaca, SalaminaStadium areaOne apartment on each floor.With shared Roof-Garden space of 31mLocated in a quiet residential area, with easy access to all amenities, to the city center and the highway.Each apartment includes:Open plan Kitchen/Living/Dining room, guests w.c. with shower and 3 bedrooms from which the main with en-suite and walk-in wardrobes.Utilityarea and extra wardrobesin the hallway.107m internal area & 18m covered verandaStorage room and covered parking on the ground floor.Modern and quality design.Each apartment could be sold separatelyas follow:1st floor: 215,000 + VAT2nd floor:230,000 + VAT3rd floor: 245,000 + VAT
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Currency Exchange
Sotiros, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,813 | £17,837 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,813 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,837 |
Sotiros, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,813 | £17,837 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,813 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,837 |
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 £17,837 more.
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