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House Detached in Pentakomo, Limassol
5200, Cyprus
REF: 939780
€727,000
Description
Reference ID: #SA36019Price details: 727,000Beautiful 2 storey villa for sale in Limassol, Pentakomo.Total 240sqm covered house area with large verandas. House is built in 2000 in the middle of a 4300sqm fenced plot with many trees planted. It is well maintained and the area offers a great nature feel. Ideal for families with small or adult children and pets.Only 15 minutes outside Limassol and 20 minutes drive from Larnaca airport. Also 1 minute drive from the beach.Plenty of space to build a pool if needed.If you need peace and relaxation this is the place to live.Titles deeds available, also building permit but no final building permit.There is 20kW photovoltaic park that produces an income for the new owner.Also an installed 6kW net metering on the roof.There is currently rental income of 2500eur per month and photovoltaic income of 800eur per month, income that the new owner can benefit from.The property has been well maintained over the years.The owner will include a full internal renovation in this price.
Reference ID: #SA36019Price details: 727,000Beautiful 2 storey villa for sale in Limassol, Pentakomo.Total 240sqm covered house area with large verandas. House is built in 2000 in the middle of a 4300sqm fenced plot with many trees planted. It is well maintained and the area offers a great nature feel. Ideal for families with small or adult children and pets.Only 15 minutes outside Limassol and 20 minutes drive from Larnaca airport. Also 1 minute drive from the beach.Plenty of space to build a pool if needed.If you need peace and relaxation this is the place to live.Titles deeds available, also building permit but no final building permit.There is 20kW photovoltaic park that produces an income for the new owner.Also an installed 6kW net metering on the roof.There is currently rental income of 2500eur per month and photovoltaic income of 800eur per month, income that the new owner can benefit from.The property has been well maintained over the years.The owner will include a full internal renovation in this price.
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Currency Exchange
5200, 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 €727,000 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 |
|---|---|---|---|
| €727,000 | £598,975 | £631,101 | £32,126 |
| Property Price € | €727,000 |
| Minimum cost in the last six months | £598,975 |
| Maximum cost in the last six months | £631,101 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,126 |
5200, 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 €727,000 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 |
|---|---|---|---|
| €727,000 | £598,975 | £631,101 | £32,126 |
| Property Price € | €727,000 |
| Minimum cost in the last six months | £598,975 |
| Maximum cost in the last six months | £631,101 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,126 |
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 £32,126 more.
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