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New to the Market and Exclusive to A
Larnaca Town, Larnaca, Cyprus
REF: 949357
€225,000
Description
New to the Market and Exclusive to A.A. Purple Real Estate Ltd. This well-maintained three-bedroom penthouse apartment is nestled in the Sotiros area of Larnaca, just moments away from the New Metropolis Mall. Situated on the fourth floor of the building, the property is accessed via a secure door entry system and has a ground floor store room along with one covered parking space and seven uncovered parking spaces, ensuring ample parking for yourself and your guests. The heart of this home is its spacious lounge area, which opens up to a large covered and uncovered veranda, perfect for outdoor entertaining while enjoying city views. The separate fully fitted kitchen boasts abundant cupboard space and expansive countertops, there is also space for dining. The three generously sized bedrooms feature fitted wardrobes, with the master bedroom enjoying the luxury of an en-suite shower room. Adjacent to the lounge, two additional bedrooms share access to a well-appointed family bathroom, complemented by the convenience of a guest w.c. near the entrance. This apartment's prime location is further enhanced by its proximity to a wealth of amenities, promising a lifestyle of convenience. Reg No. 1052, License No. 512/E
New to the Market and Exclusive to A.A. Purple Real Estate Ltd. This well-maintained three-bedroom penthouse apartment is nestled in the Sotiros area of Larnaca, just moments away from the New Metropolis Mall. Situated on the fourth floor of the building, the property is accessed via a secure door entry system and has a ground floor store room along with one covered parking space and seven uncovered parking spaces, ensuring ample parking for yourself and your guests. The heart of this home is its spacious lounge area, which opens up to a large covered and uncovered veranda, perfect for outdoor entertaining while enjoying city views. The separate fully fitted kitchen boasts abundant cupboard space and expansive countertops, there is also space for dining. The three generously sized bedrooms feature fitted wardrobes, with the master bedroom enjoying the luxury of an en-suite shower room. Adjacent to the lounge, two additional bedrooms share access to a well-appointed family bathroom, complemented by the convenience of a guest w.c. near the entrance. This apartment's prime location is further enhanced by its proximity to a wealth of amenities, promising a lifestyle of convenience. Reg No. 1052, License No. 512/E
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Currency Exchange
Larnaca Town, Larnaca, 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 €225,000 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 |
|---|---|---|---|
| €225,000 | £185,378 | £195,320 | £9,943 |
| Property Price € | €225,000 |
| Minimum cost in the last six months | £185,378 |
| Maximum cost in the last six months | £195,320 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,943 |
Larnaca Town, Larnaca, 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 €225,000 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 |
|---|---|---|---|
| €225,000 | £185,378 | £195,320 | £9,943 |
| Property Price € | €225,000 |
| Minimum cost in the last six months | £185,378 |
| Maximum cost in the last six months | £195,320 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,943 |
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 £9,943 more.
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