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House, For Sale, Limassol, Panthea
Panthea, Cyprus
REF: 770363
€1,100,000
Description
Resale 3 level detached 6 bedroom corner house in a Cul de Sac in the Panthea area. The house is custom built and has a covered area of 495m² and plot size of 521m².Open plan sitting/dining/tv area. There is a separate office/bedroom/ 2nd tv area, guest wc Separate spacious kitchen with island bar, granite worktops and fully equipped with top quality Miele appliances.The upper level has 4 bedrooms, master en suite with walk in wardrobes, there is a kitchenette/utility upstairs, main bathroom has Jacuzzi, large front veranda on the upper level of the house.The lower ground level has maid€™s quarter offering bedroom, separate shower/wc, cinema room, games room.The house has top quality throughout furthermore there is under floor heating (gas), fire alarm, security cameras CCTV, fully structured cabling with server cabinet, satellite.Room for swimming pool.
Resale 3 level detached 6 bedroom corner house in a Cul de Sac in the Panthea area. The house is custom built and has a covered area of 495m² and plot size of 521m².Open plan sitting/dining/tv area. There is a separate office/bedroom/ 2nd tv area, guest wc Separate spacious kitchen with island bar, granite worktops and fully equipped with top quality Miele appliances.The upper level has 4 bedrooms, master en suite with walk in wardrobes, there is a kitchenette/utility upstairs, main bathroom has Jacuzzi, large front veranda on the upper level of the house.The lower ground level has maid€™s quarter offering bedroom, separate shower/wc, cinema room, games room.The house has top quality throughout furthermore there is under floor heating (gas), fire alarm, security cameras CCTV, fully structured cabling with server cabinet, satellite.Room for swimming pool.
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Currency Exchange
Panthea, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £935,759 | £964,194 | £28,435 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £935,759 |
| Maximum cost in the last six months | £964,194 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,435 |
Panthea, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £935,759 | £964,194 | £28,435 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £935,759 |
| Maximum cost in the last six months | £964,194 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,435 |
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 £28,435 more.
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