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For sale: This modern one-bedroom apartment is currently under construction and offers a comfortable internal space of 50 m2
Geroskipou, Paphos, Cyprus
REF: 951924
€230,000
Description
For sale: This modern one-bedroom apartment is currently under construction and offers a comfortable internal space of 50 m2. Situated on the first floor (with elevator access) of a two-story, gated complex, this property is designed for both convenience and style. The apartment features a bright bedroom, a well-appointed bathroom, and underfloor heating to keep you comfortable all year round. Residents can enjoy access to a communal swimming pool, perfect for relaxing or entertaining guests. The gated complex ensures security and privacy, providing peace of mind for homeowners. Located in the popular area of Geroskipou, this apartment is close to all local amenities including shops, restaurants, and supermarkets. Geroskipou is known for its friendly community atmosphere, charming squares, and abundance of green spaces. Famous for its cultural attractions and beautiful architecture, the area offers a pleasant environment for both residents and visitors. For golf enthusiasts, a golf course is nearby, making this an ideal location for leisure and recreation. This property is advertised exclusively by Purple International Real Estate, who are happy to provide more information and arrange a site visit upon request.
For sale: This modern one-bedroom apartment is currently under construction and offers a comfortable internal space of 50 m2. Situated on the first floor (with elevator access) of a two-story, gated complex, this property is designed for both convenience and style. The apartment features a bright bedroom, a well-appointed bathroom, and underfloor heating to keep you comfortable all year round. Residents can enjoy access to a communal swimming pool, perfect for relaxing or entertaining guests. The gated complex ensures security and privacy, providing peace of mind for homeowners. Located in the popular area of Geroskipou, this apartment is close to all local amenities including shops, restaurants, and supermarkets. Geroskipou is known for its friendly community atmosphere, charming squares, and abundance of green spaces. Famous for its cultural attractions and beautiful architecture, the area offers a pleasant environment for both residents and visitors. For golf enthusiasts, a golf course is nearby, making this an ideal location for leisure and recreation. This property is advertised exclusively by Purple International Real Estate, who are happy to provide more information and arrange a site visit upon request.
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Currency Exchange
Geroskipou, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,854 | £199,661 | £9,807 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,854 |
| Maximum cost in the last six months | £199,661 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,807 |
Geroskipou, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,854 | £199,661 | £9,807 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,854 |
| Maximum cost in the last six months | £199,661 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,807 |
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 £9,807 more.
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