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Location ! Location ! Location ! This two bedroom duplex apartment is located on a small project just off the Finnikoudes Seafront and a few steps from the Beach
Larnaca Town, Larnaca, Cyprus
REF: 926185
€510,000
Description
Location ! Location ! Location ! This two bedroom duplex apartment is located on a small project just off the Finnikoudes Seafront and a few steps from the Beach. Its prime location offers views of the Mediterranean Sea, from the Bedrooms. The promenade is situated exactly in front of the building, the St.Lazarus Square, the Larnaca City Centre are all walking distance. The property is located on the 1st and 2nd floor of the building. On the 1st floor you have an open plan kitchen, dining and living room area with balcony and one shower room. On the 2nd floor you will find a small kitchen unit, a shower room and two bedrooms. Although situated in one of the busiest streets its location within the building benefits from peace and quiet. Due to its location the privileged residents will be at the centre of all amenities, beaches, galleries, archaeological sites, museums, cafes, bars and restaurants. The building was originally built in 1991 as a college and in 2013 the renovation was completed along with the change of use as residential flats.
Location ! Location ! Location ! This two bedroom duplex apartment is located on a small project just off the Finnikoudes Seafront and a few steps from the Beach. Its prime location offers views of the Mediterranean Sea, from the Bedrooms. The promenade is situated exactly in front of the building, the St.Lazarus Square, the Larnaca City Centre are all walking distance. The property is located on the 1st and 2nd floor of the building. On the 1st floor you have an open plan kitchen, dining and living room area with balcony and one shower room. On the 2nd floor you will find a small kitchen unit, a shower room and two bedrooms. Although situated in one of the busiest streets its location within the building benefits from peace and quiet. Due to its location the privileged residents will be at the centre of all amenities, beaches, galleries, archaeological sites, museums, cafes, bars and restaurants. The building was originally built in 1991 as a college and in 2013 the renovation was completed along with the change of use as residential flats.
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Currency Exchange
Larnaca Town, Larnaca, 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 €510,000 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 |
|---|---|---|---|
| €510,000 | £420,189 | £442,726 | £22,537 |
| Property Price € | €510,000 |
| Minimum cost in the last six months | £420,189 |
| Maximum cost in the last six months | £442,726 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,537 |
Larnaca Town, Larnaca, 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 €510,000 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 |
|---|---|---|---|
| €510,000 | £420,189 | £442,726 | £22,537 |
| Property Price € | €510,000 |
| Minimum cost in the last six months | £420,189 |
| Maximum cost in the last six months | £442,726 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,537 |
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 £22,537 more.
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