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For sale: This modern one-bedroom, one-bathroom apartment is an excellent opportunity for both residents and investors
Agios Nicolaos, Limassol, Cyprus
REF: 952464
€311,000
Description
For sale: This modern one-bedroom, one-bathroom apartment is an excellent opportunity for both residents and investors. Currently offered off plan, the apartment features 50 m of well-designed internal space, perfect for comfortable living. Located on the 2nd floor of a three-storey building with an elevator, it offers convenience and easy access for all. The apartment enjoys a city view that brings plenty of natural light into the living area. Its open-plan layout creates a spacious feeling and makes it easy to furnish to your taste. Being part of a new development ensures quality construction and the possibility to choose finishes that suit your preferences. Situated in Agios Nicolaos, the area is loved for its friendly neighborhoods and quiet atmosphere. Nearby, you will find a range of amenities including shops, cafes, and schools. The location is just minutes from the main highway, making commuting simple and providing fast access to the city center or neighboring areas. This is a great choice for anyone seeking a new home or a smart investment in a growing part of the city. For more information or to schedule a viewing, please contact Purple International Real Estate.
For sale: This modern one-bedroom, one-bathroom apartment is an excellent opportunity for both residents and investors. Currently offered off plan, the apartment features 50 m of well-designed internal space, perfect for comfortable living. Located on the 2nd floor of a three-storey building with an elevator, it offers convenience and easy access for all. The apartment enjoys a city view that brings plenty of natural light into the living area. Its open-plan layout creates a spacious feeling and makes it easy to furnish to your taste. Being part of a new development ensures quality construction and the possibility to choose finishes that suit your preferences. Situated in Agios Nicolaos, the area is loved for its friendly neighborhoods and quiet atmosphere. Nearby, you will find a range of amenities including shops, cafes, and schools. The location is just minutes from the main highway, making commuting simple and providing fast access to the city center or neighboring areas. This is a great choice for anyone seeking a new home or a smart investment in a growing part of the city. For more information or to schedule a viewing, please contact Purple International Real Estate.
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Currency Exchange
Agios Nicolaos, 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 €311,000 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 |
|---|---|---|---|
| €311,000 | £256,687 | £269,976 | £13,289 |
| Property Price € | €311,000 |
| Minimum cost in the last six months | £256,687 |
| Maximum cost in the last six months | £269,976 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,289 |
Agios Nicolaos, 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 €311,000 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 |
|---|---|---|---|
| €311,000 | £256,687 | £269,976 | £13,289 |
| Property Price € | €311,000 |
| Minimum cost in the last six months | £256,687 |
| Maximum cost in the last six months | £269,976 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,289 |
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 £13,289 more.
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