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House, For Sale, Limassol, Kaminaria
Kaminaria, Cyprus
REF: 771328
€68,000
Description
Two floors ( 2 houses in one building) with orchard and amazing panoramic view in Kaminaria village in Limassol. The property is close to all amenities, in a quiet residential area, around 45 minutes from Limassol, and around 10 minutes from Troodos mountain. There are 2 houses one is with 3 bedrooms, living and dining room, separate kitchen and main bathroom, and the other one on the basement, has an open plan space and loft space with store room. It will be a good idea to renovate and make it as one big house or two good size separate houses. The property needs renovation. Call us for more information and viewing.
Two floors ( 2 houses in one building) with orchard and amazing panoramic view in Kaminaria village in Limassol. The property is close to all amenities, in a quiet residential area, around 45 minutes from Limassol, and around 10 minutes from Troodos mountain. There are 2 houses one is with 3 bedrooms, living and dining room, separate kitchen and main bathroom, and the other one on the basement, has an open plan space and loft space with store room. It will be a good idea to renovate and make it as one big house or two good size separate houses. The property needs renovation. Call us for more information and viewing.
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Currency Exchange
Kaminaria, 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 €68,000 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 |
|---|---|---|---|
| €68,000 | £57,847 | £59,605 | £1,758 |
| Property Price € | €68,000 |
| Minimum cost in the last six months | £57,847 |
| Maximum cost in the last six months | £59,605 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,758 |
Kaminaria, 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 €68,000 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 |
|---|---|---|---|
| €68,000 | £57,847 | £59,605 | £1,758 |
| Property Price € | €68,000 |
| Minimum cost in the last six months | £57,847 |
| Maximum cost in the last six months | £59,605 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,758 |
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 £1,758 more.
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