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Building, For Sale, Paphos, Geroskipou
Geroskipou, Cyprus
REF: 770716
€1,500,000
Description
A brand-new development of just 7 apartments in the outskirts of Yeroskipou and nearby to Paphos town.This property is a collection of modern apartments tastefully designed and flawlessly finished to the highest specifications.This four-storey building consists of 6 two-bedroom apartments, two on each floor, and (1) one-bedroom apartment on the ground floor.Designed to be one of most luxurious development. These ultra-modern apartments are characterised by the use of top quality finishes, attention to detail and a sense of comfort and luxury throughout.They also benefit from under floor heating, in-built air-conditioning units and, most importantly in this day of rising energy costs, photovoltaic to help keep running costs low.Located in the outskirts of vibrant Yeroskipou municipality on the west coast of Cyprus, the building provides easy access to the motorway and the town of Limassol, which is only 60 km away. It is a place for comfortable contemporary living, but also an excellent investment opportunity, easy to rent out, thanks to its proximity to two universities, the Cyprus University of Technology and Neapolis University, as well as to the Paphos Mall and the beautiful beach of Yeroskipou just down the road.CALL US FOR VIEWING AND MORE DETAILS.
A brand-new development of just 7 apartments in the outskirts of Yeroskipou and nearby to Paphos town.This property is a collection of modern apartments tastefully designed and flawlessly finished to the highest specifications.This four-storey building consists of 6 two-bedroom apartments, two on each floor, and (1) one-bedroom apartment on the ground floor.Designed to be one of most luxurious development. These ultra-modern apartments are characterised by the use of top quality finishes, attention to detail and a sense of comfort and luxury throughout.They also benefit from under floor heating, in-built air-conditioning units and, most importantly in this day of rising energy costs, photovoltaic to help keep running costs low.Located in the outskirts of vibrant Yeroskipou municipality on the west coast of Cyprus, the building provides easy access to the motorway and the town of Limassol, which is only 60 km away. It is a place for comfortable contemporary living, but also an excellent investment opportunity, easy to rent out, thanks to its proximity to two universities, the Cyprus University of Technology and Neapolis University, as well as to the Paphos Mall and the beautiful beach of Yeroskipou just down the road.CALL US FOR VIEWING AND MORE DETAILS.
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Currency Exchange
Geroskipou, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,235,850 | £1,302,135 | £66,285 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,235,850 |
| Maximum cost in the last six months | £1,302,135 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,285 |
Geroskipou, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,235,850 | £1,302,135 | £66,285 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,235,850 |
| Maximum cost in the last six months | £1,302,135 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,285 |
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 £66,285 more.
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