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Apartment in Trachoni
5485, Cyprus
REF: 811251
€160,000
Description
The 1 bedroom apartment is situated on the first floor - number 104. It consists of entry way, living and dinning areas, open plan kitchen, 1 bedroom and 1 bathroom. The living area is adjacent to a covered veranda, an ideal place for relaxation and gathering with family, and friends. This is an amazing possibility for investment in Trachoni. The place that is all about opportunities and potentiality, the area where close proximity the new five-star Casino is becoming a reality and takes attention of buyers and investors from all over the world The small block of apartments is set in a serene residential area. The building is modern and aesthetically designed, and consists of 2 storey. It incorporates 9 apartments in total. In the basement there are storages and covered parking places. On the first floor there are 4 apartments and on the second floor - 5 apartments respectively. The apartment has a functional layout and will provide a comfortable lifestyle to its residents. There is a possibility to choose the internal finish according to the buyer's preferences. The building is under construction at present. Overview Delivery date: June 2025 Internal area: 52 sqm Covered veranda: 5 sqm 1st floor - apartment no.104 A/C provision Storage Covered parking Photovoltaic system for common areas A class energy efficiency High quality of finish The price: 160,000 plus Vat
The 1 bedroom apartment is situated on the first floor - number 104. It consists of entry way, living and dinning areas, open plan kitchen, 1 bedroom and 1 bathroom. The living area is adjacent to a covered veranda, an ideal place for relaxation and gathering with family, and friends. This is an amazing possibility for investment in Trachoni. The place that is all about opportunities and potentiality, the area where close proximity the new five-star Casino is becoming a reality and takes attention of buyers and investors from all over the world The small block of apartments is set in a serene residential area. The building is modern and aesthetically designed, and consists of 2 storey. It incorporates 9 apartments in total. In the basement there are storages and covered parking places. On the first floor there are 4 apartments and on the second floor - 5 apartments respectively. The apartment has a functional layout and will provide a comfortable lifestyle to its residents. There is a possibility to choose the internal finish according to the buyer's preferences. The building is under construction at present. Overview Delivery date: June 2025 Internal area: 52 sqm Covered veranda: 5 sqm 1st floor - apartment no.104 A/C provision Storage Covered parking Photovoltaic system for common areas A class energy efficiency High quality of finish The price: 160,000 plus Vat
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Currency Exchange
5485, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £136,110 | £140,238 | £4,128 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £136,110 |
| Maximum cost in the last six months | £140,238 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,128 |
5485, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £136,110 | £140,238 | £4,128 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £136,110 |
| Maximum cost in the last six months | £140,238 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,128 |
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 £4,128 more.
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