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House, For Sale, Limassol, Potamos Germasogeias
Potamos Germasogeias, Cyprus
REF: 806289
€1,825,000
Description
Fabulous villa of 4 bedrooms + 1 bedroom guest house/auxiliary, in the sought after location of Papas Area. 62m² frontal façade, and plot size of 1,175m², 1 km from the beach. Two story, There is a 575m² extra garden area that can accommodate a swimming pool and or extension to the existing house. The asset is 20 years old, built with quality materials with marble floors throughout, parquet in the bedrooms. Top quality Italian appliances, fireplace, central heating, A/C, PHOTOVOLTAIC SYSTEM, electric shutters, pressurized water system, water purifier. Ground level offers generous reception area with cloak room, guest wc, living room with access to veranda and garden, dining area, main kitchen fully equipped and kitchenette, A feature internal garden is visible from all the ground level with skylight above the staircase. The upper level consists of 4 bedrooms, main bathroom, master en suite, walk in wardrobe, laundry/kitchenette, all bedrooms have balconies.
Fabulous villa of 4 bedrooms + 1 bedroom guest house/auxiliary, in the sought after location of Papas Area. 62m² frontal façade, and plot size of 1,175m², 1 km from the beach. Two story, There is a 575m² extra garden area that can accommodate a swimming pool and or extension to the existing house. The asset is 20 years old, built with quality materials with marble floors throughout, parquet in the bedrooms. Top quality Italian appliances, fireplace, central heating, A/C, PHOTOVOLTAIC SYSTEM, electric shutters, pressurized water system, water purifier. Ground level offers generous reception area with cloak room, guest wc, living room with access to veranda and garden, dining area, main kitchen fully equipped and kitchenette, A feature internal garden is visible from all the ground level with skylight above the staircase. The upper level consists of 4 bedrooms, main bathroom, master en suite, walk in wardrobe, laundry/kitchenette, all bedrooms have balconies.
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Currency Exchange
Potamos Germasogeias, 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 €1,825,000 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 |
|---|---|---|---|
| €1,825,000 | £1,552,509 | £1,597,660 | £45,151 |
| Property Price € | €1,825,000 |
| Minimum cost in the last six months | £1,552,509 |
| Maximum cost in the last six months | £1,597,660 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,151 |
Potamos Germasogeias, 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 €1,825,000 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 |
|---|---|---|---|
| €1,825,000 | £1,552,509 | £1,597,660 | £45,151 |
| Property Price € | €1,825,000 |
| Minimum cost in the last six months | £1,552,509 |
| Maximum cost in the last six months | £1,597,660 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,151 |
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 £45,151 more.
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