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For sale is a modern penthouse apartment currently under construction in the vibrant area of Paphos Town
Paphos Town, Paphos, Cyprus
REF: 951914
€540,000
Description
For sale is a modern penthouse apartment currently under construction in the vibrant area of Paphos Town. This spacious apartment offers 104 m2 of internal space, thoughtfully designed to provide comfort and convenience. It features three bedrooms and two stylish bathrooms, perfect for families or those seeking extra space. Enjoy the ease of a private elevator, exclusive to this penthouse, for added privacy. The apartment is part of a secure gated complex, creating a safe and peaceful environment for residents. Enjoy the luxury of underfloor heating, a communal swimming pool, and a well-equipped gym. Optional furnishing packages are available to tailor the home to your needs. Built in 2025, the apartment benefits from the latest building standards and contemporary finishes throughout. Located in Paphos Town, you'll be close to shops, restaurants, schools, and cultural attractions. The area is known for its lively atmosphere, historical sites, and beautiful coastline, making it a desirable place to live. With everything within easy reach, this penthouse is perfect for those looking for modern living in a prime location.
For sale is a modern penthouse apartment currently under construction in the vibrant area of Paphos Town. This spacious apartment offers 104 m2 of internal space, thoughtfully designed to provide comfort and convenience. It features three bedrooms and two stylish bathrooms, perfect for families or those seeking extra space. Enjoy the ease of a private elevator, exclusive to this penthouse, for added privacy. The apartment is part of a secure gated complex, creating a safe and peaceful environment for residents. Enjoy the luxury of underfloor heating, a communal swimming pool, and a well-equipped gym. Optional furnishing packages are available to tailor the home to your needs. Built in 2025, the apartment benefits from the latest building standards and contemporary finishes throughout. Located in Paphos Town, you'll be close to shops, restaurants, schools, and cultural attractions. The area is known for its lively atmosphere, historical sites, and beautiful coastline, making it a desirable place to live. With everything within easy reach, this penthouse is perfect for those looking for modern living in a prime location.
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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 €540,000 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 |
|---|---|---|---|
| €540,000 | £445,743 | £468,769 | £23,026 |
| Property Price € | €540,000 |
| Minimum cost in the last six months | £445,743 |
| Maximum cost in the last six months | £468,769 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,026 |
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 €540,000 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 |
|---|---|---|---|
| €540,000 | £445,743 | £468,769 | £23,026 |
| Property Price € | €540,000 |
| Minimum cost in the last six months | £445,743 |
| Maximum cost in the last six months | £468,769 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,026 |
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 £23,026 more.
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