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This new project offers a collection of 42 exclusive apartments in a prime Paphos location, designed to provide the perfect blend of comfort, convenience, and elegance
Paphos Town, Paphos, Cyprus
REF: 931035
€925,000
Description
This new project offers a collection of 42 exclusive apartments in a prime Paphos location, designed to provide the perfect blend of comfort, convenience, and elegance. The project beautifully integrates modern architecture with a historic landmark building at its centre, which will be carefully preserved and transformed into a clubhouse for residents. Within the clubhouse we will offer personalised concierge, cleaning, maintenance and property management services, designed to make your life effortless. The development also features a private pool, gym, sauna and massage rooms, and a welcoming cafe. Our residences combine contemporary design with high-quality finishes that unite style and functionality, creating a space that feels both modern and welcoming, ideal for relaxation or productivity. Each unit features open-plan living areas, expansive windows that let in plenty of natural light, and private balconies with views of the city or the sparkling Mediterranean Sea.
This new project offers a collection of 42 exclusive apartments in a prime Paphos location, designed to provide the perfect blend of comfort, convenience, and elegance. The project beautifully integrates modern architecture with a historic landmark building at its centre, which will be carefully preserved and transformed into a clubhouse for residents. Within the clubhouse we will offer personalised concierge, cleaning, maintenance and property management services, designed to make your life effortless. The development also features a private pool, gym, sauna and massage rooms, and a welcoming cafe. Our residences combine contemporary design with high-quality finishes that unite style and functionality, creating a space that feels both modern and welcoming, ideal for relaxation or productivity. Each unit features open-plan living areas, expansive windows that let in plenty of natural light, and private balconies with views of the city or the sparkling Mediterranean Sea.
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Currency Exchange
Paphos Town, 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 €925,000 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 |
|---|---|---|---|
| €925,000 | £762,108 | £802,983 | £40,876 |
| Property Price € | €925,000 |
| Minimum cost in the last six months | £762,108 |
| Maximum cost in the last six months | £802,983 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,876 |
Paphos Town, 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 €925,000 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 |
|---|---|---|---|
| €925,000 | £762,108 | £802,983 | £40,876 |
| Property Price € | €925,000 |
| Minimum cost in the last six months | £762,108 |
| Maximum cost in the last six months | £802,983 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,876 |
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 £40,876 more.
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