The project consists of 6, 3-bedroom luxury apartments situated in a well suited in the popular area of Geroskipou, Paphos

Geroskipou, Paphos, Cyprus

For Sale

€345,000

REF: 938618 €345,000


3

2


120 m2

Description

The project consists of 6, 3-bedroom luxury apartments situated in a well suited in the popular area of Geroskipou, Paphos. Only 100m from the village square which has all amenities. 3 Bedrooms 2 Bathrooms Contemporary Architectural Design VRV Cooling System Underfloor Heating Photovoltaic Panels CCTV- Security Entrance Covered Parking Electric Gates Elevator Storage.

Top Floor apartments will have extras of Fireplace, Views and Private Pool. The small size of the complex yet contemporary is ideal to provide a high level of privacy and security. The modern and elegant architecture, cozy planning solutions and top-of-the-line finishes will pleasantly surprise those who value true comfort.

The complex is energy self sustainable since it is going to be equipped with a solar photovoltaic system. The complex is a great opportunity for both independent buyers and investors. There are huge investment benefits and tax advantages. The complex can bring to an investor a return on investment annually and the apartments can be easily resold to other potential property buyers.

Investing in such a complex is a pathway for getting the Permanent Residence Permit of the Republic of Cyprus. Geroskipou is a coastal town east of Paphos and is the second largest municipality in the District. This village has a number of characteristics namely its remarkable five-domed Byzantine church of Agia Paraskevi, a folk museum and large traditional square.

The area is also known for the production of Turkish Delight or lokum as its known locally. There are plenty of shops, kiosks, restaurants and bars in this village as well as many areas of secluded coastline. Purple Real Estates are fully registered and licensed with the Cyprus Real Estate Association.

PURPLE is home to some of the finest properties in Cyprus. With offices in Famagusta, Larnaca, Paphos our ample portfolio is sure to contain something for everyone. We have a wide range of property to meet any budget and can assist you whether you are looking for a permanent residence, holiday home or an investment property.

From your first contact with Purple you ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs. Many members of PURPLE speak excellent English, Russian and Greek, so language will never be an issue. Your Sales Consultant will always be on hand to help you and guide you through the buying process, answering any questions and provide you with anything you may request, for example: Independent advice and recommendations on legal services Liaising with property developers, throughout the construction period if the purchase is off plan Getting quotes for any additional works that you ve asked for from trusted suppliers Guidance with property rental opportunities Be there for any problems that may arise PURPLE will be there from start to finish!
The project consists of 6, 3-bedroom luxury apartments situated in a well suited in the popular area of Geroskipou, Paphos. Only 100m from the village square which has all amenities. 3 Bedrooms 2 Bathrooms Contemporary Architectural Design VRV Cooling System Underfloor Heating Photovoltaic Panels CCTV- Security Entrance Covered Parking Electric Gates Elevator Storage.

Top Floor apartments will have extras of Fireplace, Views and Private Pool. The small size of the complex yet contemporary is ideal to provide a high level of privacy and security. The modern and elegant architecture, cozy planning solutions and top-of-the-line finishes will pleasantly surprise those who value true comfort.

The complex is energy self sustainable since it is going to be equipped with a solar photovoltaic system. The complex is a great opportunity for both independent buyers and investors. There are huge investment benefits and tax advantages. The complex can bring to an investor a return on investment annually and the apartments can be easily resold to other potential property buyers.

Investing in such a complex is a pathway for getting the Permanent Residence Permit of the Republic of Cyprus. Geroskipou is a coastal town east of Paphos and is the second largest municipality in the District. This village has a number of characteristics namely its remarkable five-domed Byzantine church of Agia Paraskevi, a folk museum and large traditional square.

The area is also known for the production of Turkish Delight or lokum as its known locally. There are plenty of shops, kiosks, restaurants and bars in this village as well as many areas of secluded coastline. Purple Real Estates are fully registered and licensed with the Cyprus Real Estate Association.

PURPLE is home to some of the finest properties in Cyprus. With offices in Famagusta, Larnaca, Paphos our ample portfolio is sure to contain something for everyone. We have a wide range of property to meet any budget and can assist you whether you are looking for a permanent residence, holiday home or an investment property.

From your first contact with Purple you ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs. Many members of PURPLE speak excellent English, Russian and Greek, so language will never be an issue. Your Sales Consultant will always be on hand to help you and guide you through the buying process, answering any questions and provide you with anything you may request, for example: Independent advice and recommendations on legal services Liaising with property developers, throughout the construction period if the purchase is off plan Getting quotes for any additional works that you ve asked for from trusted suppliers Guidance with property rental opportunities Be there for any problems that may arise PURPLE will be there from start to finish!
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Property on Map

#13211

Currency Exchange

Geroskipou, 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 €345,000 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
€345,000 £284,246 £299,491 £15,246
Property Price € €345,000
Minimum cost in the last six months £284,246
Maximum cost in the last six months £299,491
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,246

Geroskipou, 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 €345,000 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
€345,000 £284,246 £299,491 £15,246
Property Price € €345,000
Minimum cost in the last six months £284,246
Maximum cost in the last six months £299,491
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,246

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 £15,246 more.

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