Apartment, For Sale, Famagusta, Paralimni

Paralimni, Cyprus

For Sale

€242,840

REF: 768869 €242,840


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Description

Amazing third floor penthouse apartments all with their own private roof garden. Open plan living area with fitted kitchen and access to balcony. The master bedroom has en-suite facilities.   The development is located in a central area, in close proximity to many of the area€™s amenities and services such as restaurants, bars, banks, hypermarkets and bakeries.      Consisting of just 38 apartments in total, the project lacks nothing in terms of space, style and quality.

The luxurious modern development is in a sought-after location, halving the distance between the town of Paralimni and the golden sand beaches of the area. These attributes make this project very appealing to homebuyers looking for a holiday or permanent residence.  With the project consisting of four separate buildings, the common pool for adults and children alike is a point of reference and can accommodate those who opt for a quiet day with a drink or just to sunbathe, away from the crowds.

The surrounding green areas included in the initial planning ensure privacy for all residents. Parking is not a concern as this is allocated individually for all homeowners within the development.     The cosmopolitan resorts of Protaras, Ayia Napa and Kapparis, which are home to some of the best beaches in Cyprus, are a short drive away, whilst Larnaca and its international airport are within a 35-minute drive from the town. Paralimni€™s central position within the island€™s East Coast places the town within easy reach of all areas.  Delivery is 2023.
Amazing third floor penthouse apartments all with their own private roof garden. Open plan living area with fitted kitchen and access to balcony. The master bedroom has en-suite facilities.   The development is located in a central area, in close proximity to many of the area€™s amenities and services such as restaurants, bars, banks, hypermarkets and bakeries.      Consisting of just 38 apartments in total, the project lacks nothing in terms of space, style and quality.

The luxurious modern development is in a sought-after location, halving the distance between the town of Paralimni and the golden sand beaches of the area. These attributes make this project very appealing to homebuyers looking for a holiday or permanent residence.  With the project consisting of four separate buildings, the common pool for adults and children alike is a point of reference and can accommodate those who opt for a quiet day with a drink or just to sunbathe, away from the crowds.

The surrounding green areas included in the initial planning ensure privacy for all residents. Parking is not a concern as this is allocated individually for all homeowners within the development.     The cosmopolitan resorts of Protaras, Ayia Napa and Kapparis, which are home to some of the best beaches in Cyprus, are a short drive away, whilst Larnaca and its international airport are within a 35-minute drive from the town. Paralimni€™s central position within the island€™s East Coast places the town within easy reach of all areas.  Delivery is 2023.
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Property on Map

#2651

Currency Exchange

Paralimni, 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 €242,840 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
€242,840 £206,582 £212,859 £6,277
Property Price € €242,840
Minimum cost in the last six months £206,582
Maximum cost in the last six months £212,859
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,277

Paralimni, 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 €242,840 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
€242,840 £206,582 £212,859 £6,277
Property Price € €242,840
Minimum cost in the last six months £206,582
Maximum cost in the last six months £212,859
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,277

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 £6,277 more.

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