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For sale is a modern apartment under construction in the sought-after area of Geroskipou
Geroskipou, Paphos, Cyprus
REF: 951925
€290,000
Description
For sale is a modern apartment under construction in the sought-after area of Geroskipou. With an internal space of 84 m2, this home offers a comfortable layout including two spacious bedrooms and two well-designed bathrooms. Situated on the first floor of a two-story building with elevator access, it combines convenience with style. The apartment forms part of a private, gated complex, ensuring privacy and security for residents. Benefit from underfloor heating throughout the property, perfect for year-round comfort. Residents also enjoy access to a large communal swimming pool, an ideal spot to relax and unwind. Geroskipou is known for its friendly community, local shops, cafes, and proximity to sandy beaches. The neighborhood blends traditional charm with all the modern conveniences, making it a great choice for families and professionals alike. For golf enthusiasts, a renowned golf course is just a short drive away. This apartment is close to all amenities, including supermarkets, schools, and restaurants, making daily life easy and convenient. Don't miss the opportunity to invest in an up-and-coming area with excellent prospects. For more information or to arrange a viewing, contact Purple International Real Estate.
For sale is a modern apartment under construction in the sought-after area of Geroskipou. With an internal space of 84 m2, this home offers a comfortable layout including two spacious bedrooms and two well-designed bathrooms. Situated on the first floor of a two-story building with elevator access, it combines convenience with style. The apartment forms part of a private, gated complex, ensuring privacy and security for residents. Benefit from underfloor heating throughout the property, perfect for year-round comfort. Residents also enjoy access to a large communal swimming pool, an ideal spot to relax and unwind. Geroskipou is known for its friendly community, local shops, cafes, and proximity to sandy beaches. The neighborhood blends traditional charm with all the modern conveniences, making it a great choice for families and professionals alike. For golf enthusiasts, a renowned golf course is just a short drive away. This apartment is close to all amenities, including supermarkets, schools, and restaurants, making daily life easy and convenient. Don't miss the opportunity to invest in an up-and-coming area with excellent prospects. For more information or to arrange a viewing, contact Purple International Real Estate.
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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 €290,000 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 |
|---|---|---|---|
| €290,000 | £239,381 | £251,746 | £12,366 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £239,381 |
| Maximum cost in the last six months | £251,746 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,366 |
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 €290,000 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 |
|---|---|---|---|
| €290,000 | £239,381 | £251,746 | £12,366 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £239,381 |
| Maximum cost in the last six months | £251,746 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,366 |
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 £12,366 more.
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