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For sale: this modern two-bedroom, two-bathroom apartment is under construction and will be ready in 2025
Universal, Paphos, Cyprus
REF: 938625
€285,000
Description
For sale: this modern two-bedroom, two-bathroom apartment is under construction and will be ready in 2025. With a spacious internal area of 78.5 m , the apartment is located on the third floor of a four-story building with elevator access. Designed for comfortable living, the property offers an open-plan layout, generously sized bedrooms, and sleek bathrooms. Large windows provide plenty of natural light and offer beautiful views of the sea. The apartment is situated in Universal, a sought-after area known for its combination of peaceful residential streets and easy access to everything you need. Here you are close to the highway, making travel simple, and within walking distance to a wide range of amenities including shops, cafes, and supermarkets. Universal is also recognized for its friendly atmosphere and is just a short distance from the city center and the coast. This property is offered unfurnished, giving you a blank canvas to make it your own. It is an excellent choice for anyone looking for a modern lifestyle, close to all conveniences, and with the bonus of a sea view. This apartment is advertised by Purple International Real Estate.
For sale: this modern two-bedroom, two-bathroom apartment is under construction and will be ready in 2025. With a spacious internal area of 78.5 m , the apartment is located on the third floor of a four-story building with elevator access. Designed for comfortable living, the property offers an open-plan layout, generously sized bedrooms, and sleek bathrooms. Large windows provide plenty of natural light and offer beautiful views of the sea. The apartment is situated in Universal, a sought-after area known for its combination of peaceful residential streets and easy access to everything you need. Here you are close to the highway, making travel simple, and within walking distance to a wide range of amenities including shops, cafes, and supermarkets. Universal is also recognized for its friendly atmosphere and is just a short distance from the city center and the coast. This property is offered unfurnished, giving you a blank canvas to make it your own. It is an excellent choice for anyone looking for a modern lifestyle, close to all conveniences, and with the bonus of a sea view. This apartment is advertised by Purple International Real Estate.
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Currency Exchange
Universal, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £235,253 | £247,406 | £12,152 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £235,253 |
| Maximum cost in the last six months | £247,406 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,152 |
Universal, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £235,253 | £247,406 | £12,152 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £235,253 |
| Maximum cost in the last six months | £247,406 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,152 |
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 £12,152 more.
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