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Residential in Polemidia Kato, Limassol
5476, Cyprus
REF: 945063
€9,000,000
Description
Reference ID: #SA36095Price details: 9,000,000 +VATThe asset is a large residential fields located in Panagia Evangelistria quarter, in Kato Polemidia.It is located 400m from the Limassol hospital and 2km from Nicosia - Limassol highway. The asset has a total area of 27828sqm.It offers close proximity to all amenities, including a hospital, school, sports centre, supermarkets, My Mall Limassol, the Casino and Limassol Marina. It enjoys panoramic sea views.Plans issued for residential project.It offers residents the unique advantage of unobstructed sea views from all apartments, ensuring a serene and picturesque living environment.The project combines modern design with convenient access to local amenities. With a focus on quality and comfort, each apartment is designed to maximize natural light and sea vistas, creating a warm and inviting atmosphere.The area is well-connected, providing easy access to both the vibrant city life and tranquil coastal experiences.
Reference ID: #SA36095Price details: 9,000,000 +VATThe asset is a large residential fields located in Panagia Evangelistria quarter, in Kato Polemidia.It is located 400m from the Limassol hospital and 2km from Nicosia - Limassol highway. The asset has a total area of 27828sqm.It offers close proximity to all amenities, including a hospital, school, sports centre, supermarkets, My Mall Limassol, the Casino and Limassol Marina. It enjoys panoramic sea views.Plans issued for residential project.It offers residents the unique advantage of unobstructed sea views from all apartments, ensuring a serene and picturesque living environment.The project combines modern design with convenient access to local amenities. With a focus on quality and comfort, each apartment is designed to maximize natural light and sea vistas, creating a warm and inviting atmosphere.The area is well-connected, providing easy access to both the vibrant city life and tranquil coastal experiences.
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Currency Exchange
5476, 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 €9,000,000 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 |
|---|---|---|---|
| €9,000,000 | £7,415,100 | £7,812,810 | £397,710 |
| Property Price € | €9,000,000 |
| Minimum cost in the last six months | £7,415,100 |
| Maximum cost in the last six months | £7,812,810 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £397,710 |
5476, 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 €9,000,000 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 |
|---|---|---|---|
| €9,000,000 | £7,415,100 | £7,812,810 | £397,710 |
| Property Price € | €9,000,000 |
| Minimum cost in the last six months | £7,415,100 |
| Maximum cost in the last six months | £7,812,810 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £397,710 |
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 £397,710 more.
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