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For sale: Off plan, spacious apartment in the heart of Paphos Town
Paphos Town, Paphos, Cyprus
REF: 947751
€795,000
Description
For sale: Off plan, spacious apartment in the heart of Paphos Town. This modern residence offers a generous internal space of 140.5 m , thoughtfully laid out with three comfortable bedrooms and two stylish bathrooms. Situated on the first floor of a five-storey building with a convenient elevator, you will enjoy an ideal blend of comfort and accessibility. The apartment forms part of a gated complex, ensuring privacy and security for residents. With underfloor heating installed throughout, you can relax in a warm and inviting atmosphere all year round. The open-plan living and dining area is perfect for entertaining, while large windows allow plenty of natural light. Paphos Town is well known for its blend of historical charm and modern lifestyle. Residents enjoy close proximity to shops, cafes, cultural landmarks, schools, and beautiful coastal areas. The area also offers easy access to medical facilities and public transport, making it a prime location for both locals and newcomers. This is an excellent opportunity to purchase an off plan property in a prime part of town. For further details or to arrange a viewing, please contact Purple International Real Estate.
For sale: Off plan, spacious apartment in the heart of Paphos Town. This modern residence offers a generous internal space of 140.5 m , thoughtfully laid out with three comfortable bedrooms and two stylish bathrooms. Situated on the first floor of a five-storey building with a convenient elevator, you will enjoy an ideal blend of comfort and accessibility. The apartment forms part of a gated complex, ensuring privacy and security for residents. With underfloor heating installed throughout, you can relax in a warm and inviting atmosphere all year round. The open-plan living and dining area is perfect for entertaining, while large windows allow plenty of natural light. Paphos Town is well known for its blend of historical charm and modern lifestyle. Residents enjoy close proximity to shops, cafes, cultural landmarks, schools, and beautiful coastal areas. The area also offers easy access to medical facilities and public transport, making it a prime location for both locals and newcomers. This is an excellent opportunity to purchase an off plan property in a prime part of town. For further details or to arrange a viewing, please contact Purple International Real Estate.
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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 €795,000 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 |
|---|---|---|---|
| €795,000 | £656,233 | £690,132 | £33,899 |
| Property Price € | €795,000 |
| Minimum cost in the last six months | £656,233 |
| Maximum cost in the last six months | £690,132 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,899 |
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 €795,000 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 |
|---|---|---|---|
| €795,000 | £656,233 | £690,132 | £33,899 |
| Property Price € | €795,000 |
| Minimum cost in the last six months | £656,233 |
| Maximum cost in the last six months | £690,132 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,899 |
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 £33,899 more.
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