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Renovated Three bedroom Apartment - Investment Opportunity! Positioned in the prime location of Universal, this beautifully presented complex is no more than a few minutes drive to the beaches and the Paphos Harbor with its lovely seafront promenade
Universal, Paphos, Cyprus
REF: 793155
€275,000
Description
Renovated Three bedroom Apartment - Investment Opportunity! Positioned in the prime location of Universal, this beautifully presented complex is no more than a few minutes drive to the beaches and the Paphos Harbor with its lovely seafront promenade. This development offers a large communal pool and designated covered parking. This apartment also has a storage room which is perfect for extra space. It is only minutes walk to all amenities including bars, shops, and supermarkets. Entering the property there is a spacious open plan dining, lounge, and kitchen area. The kitchen has lots of space for storage, and a counter can be added and then utilized as a breakfast bar. The lounge area has a sliding patio door which lead to a covered terrace. Here you can entertain family and friends while enjoying the Cypriot summer. There is a dining area which is ideal for entertaining or relaxing. The key feature of this property is that is wrap around the corner and so this property offers a private garden area. The master bedroom is spacious and has an en suite shower room. The second bedroom and the third bedroom shares a full family bathroom. All bedrooms have fitted wardrobes, fly screens and air conditioning. The air conditioning has recently been upgraded and the apartment itself has recently been painted. With being in close proximity to all amenities, this is an ideal investment opportunity or perfect for a holiday home! This property has been well maintained and is key ready! Features, air conditioning, double glazing, solar panels for heated water, ground floor, large communal swimming pool, designated covered parking, storage room, fully furnished, and FULL title deeds.
Renovated Three bedroom Apartment - Investment Opportunity! Positioned in the prime location of Universal, this beautifully presented complex is no more than a few minutes drive to the beaches and the Paphos Harbor with its lovely seafront promenade. This development offers a large communal pool and designated covered parking. This apartment also has a storage room which is perfect for extra space. It is only minutes walk to all amenities including bars, shops, and supermarkets. Entering the property there is a spacious open plan dining, lounge, and kitchen area. The kitchen has lots of space for storage, and a counter can be added and then utilized as a breakfast bar. The lounge area has a sliding patio door which lead to a covered terrace. Here you can entertain family and friends while enjoying the Cypriot summer. There is a dining area which is ideal for entertaining or relaxing. The key feature of this property is that is wrap around the corner and so this property offers a private garden area. The master bedroom is spacious and has an en suite shower room. The second bedroom and the third bedroom shares a full family bathroom. All bedrooms have fitted wardrobes, fly screens and air conditioning. The air conditioning has recently been upgraded and the apartment itself has recently been painted. With being in close proximity to all amenities, this is an ideal investment opportunity or perfect for a holiday home! This property has been well maintained and is key ready! Features, air conditioning, double glazing, solar panels for heated water, ground floor, large communal swimming pool, designated covered parking, storage room, fully furnished, and FULL title deeds.
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Currency Exchange
Universal, Paphos, 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £233,940 | £241,049 | £7,109 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £233,940 |
| Maximum cost in the last six months | £241,049 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,109 |
Universal, Paphos, 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £233,940 | £241,049 | £7,109 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £233,940 |
| Maximum cost in the last six months | £241,049 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,109 |
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 £7,109 more.
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