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For sale: A modern 1-bedroom apartment under construction in the popular area of Kato Polemidia
Kato Polemidia, Limassol, Cyprus
REF: 952440
€166,225
Description
For sale: A modern 1-bedroom apartment under construction in the popular area of Kato Polemidia. This property features 54 square meters of internal living space and is situated on the first floor of a two-story building, easily accessible by elevator. The apartment offers a comfortable bedroom, a well-designed bathroom, and an open-plan layout that maximizes space and natural light. Enjoy secure living in a gated complex, ideal for individuals or couples seeking privacy and peace of mind. Kato Polemidia is a fast-growing neighborhood known for its convenient location. Residents benefit from close proximity to the highway, making daily commutes simple and efficient. The area also offers a wide range of amenities, including shops, cafes, supermarkets, and services, all within easy reach. This property is an excellent choice for those looking to invest in a quality home in a vibrant and developing community. For more information or to arrange a viewing, contact Purple International Real Estate.
For sale: A modern 1-bedroom apartment under construction in the popular area of Kato Polemidia. This property features 54 square meters of internal living space and is situated on the first floor of a two-story building, easily accessible by elevator. The apartment offers a comfortable bedroom, a well-designed bathroom, and an open-plan layout that maximizes space and natural light. Enjoy secure living in a gated complex, ideal for individuals or couples seeking privacy and peace of mind. Kato Polemidia is a fast-growing neighborhood known for its convenient location. Residents benefit from close proximity to the highway, making daily commutes simple and efficient. The area also offers a wide range of amenities, including shops, cafes, supermarkets, and services, all within easy reach. This property is an excellent choice for those looking to invest in a quality home in a vibrant and developing community. For more information or to arrange a viewing, contact Purple International Real Estate.
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Currency Exchange
Kato Polemidia, Limassol, 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 €166,225 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 |
|---|---|---|---|
| €166,225 | £137,210 | £145,500 | £8,290 |
| Property Price € | €166,225 |
| Minimum cost in the last six months | £137,210 |
| Maximum cost in the last six months | £145,500 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,290 |
Kato Polemidia, Limassol, 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 €166,225 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 |
|---|---|---|---|
| €166,225 | £137,210 | £145,500 | £8,290 |
| Property Price € | €166,225 |
| Minimum cost in the last six months | £137,210 |
| Maximum cost in the last six months | £145,500 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,290 |
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 £8,290 more.
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