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For sale: Modern off-plan apartment located in the desirable area of Geroskipou
Geroskipou, Paphos, Cyprus
REF: 952428
€160,000
Description
For sale: Modern off-plan apartment located in the desirable area of Geroskipou. This well-designed property offers an internal space of 55 m , featuring one spacious bedroom and one contemporary bathroom. The open-plan living and kitchen area creates a bright, welcoming atmosphere, perfect for both relaxing and entertaining. The apartment is situated in a building with an elevator for easy access. Geroskipou is known for its charming blend of tradition and modern living. Residents enjoy a peaceful environment with plenty of green spaces, local shops, cafes, and cultural sites. The area is ideal for those seeking convenience, being close to the highway for easy commuting and just a short distance from all everyday necessities and amenities. This apartment boasts an energy efficiency rating of A, ensuring low utility costs and a comfortable living environment all year round. Whether you are looking for a new home or a smart investment, this property offers excellent value in a growing area. For more information or to arrange a viewing, please contact Purple International Real Estate.
For sale: Modern off-plan apartment located in the desirable area of Geroskipou. This well-designed property offers an internal space of 55 m , featuring one spacious bedroom and one contemporary bathroom. The open-plan living and kitchen area creates a bright, welcoming atmosphere, perfect for both relaxing and entertaining. The apartment is situated in a building with an elevator for easy access. Geroskipou is known for its charming blend of tradition and modern living. Residents enjoy a peaceful environment with plenty of green spaces, local shops, cafes, and cultural sites. The area is ideal for those seeking convenience, being close to the highway for easy commuting and just a short distance from all everyday necessities and amenities. This apartment boasts an energy efficiency rating of A, ensuring low utility costs and a comfortable living environment all year round. Whether you are looking for a new home or a smart investment, this property offers excellent value in a growing area. For more information or to arrange a viewing, please 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,058 | £138,894 | £6,837 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,058 |
| Maximum cost in the last six months | £138,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,837 |
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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,058 | £138,894 | £6,837 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,058 |
| Maximum cost in the last six months | £138,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,837 |
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 £6,837 more.
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