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From Price + VAT This exceptional residential resort is a distinguished landmark in Paphos, situated in the city's most prestigious waterfront location
Kato Paphos, Paphos, Cyprus
REF: 954325
€850,000
Description
From Price + VAT This exceptional residential resort is a distinguished landmark in Paphos, situated in the city's most prestigious waterfront location. Comprising two towers one standing at 15 floors and the other, currently under construction, reaching 16 floors this development is set to become the tallest building in the city. The architectural design of this highly anticipated project features organic lines and natural curves, culminating in an elegant, futuristic silhouette that exudes luxury and sophistication while harmonizing with the surrounding landscape. The interiors are crafted with premium materials and refined finishes, ensuring an impeccable fusion of aesthetics and functionality. Each of the 113 fully furnished, turnkey apartments will feature a private terrace, allowing residents to enjoy uninterrupted sea views, breathtaking Mediterranean sunsets, and memorable moments with family and friends. In addition, the resort offers 20 spectacular, spacious villas an exclusive choice for discerning homeowners who seek only the finest. These contemporary residences boast expansive open spaces, premium specifications, and luxurious details that embody an unparalleled standard of living. The development is designed to provide a comprehensive lifestyle experience, featuring a gym, spa, swimming pool, sports facilities, landscaped gardens, a park, and a children's playground essential amenities that promote relaxation and well-being. Furthermore, the resort is surrounded by luxury hotels, vibrant nightlife, esteemed educational institutions, and hidden gems waiting to be explored. The breathtaking vistas of the Paphos seafront, the picturesque harbor with its historic castle, and the dynamic cityscape serve as the perfect complement to an already remarkable project. This exclusive residential resort represents an outstanding investment opportunity in Cyprus, offering a prime beachfront location, superior construction quality, innovative development, and luxurious interiors. With its combination of elegance, functionality, and financial security, it stands as a risk-free, income-generating investment within a single prestigious development.
From Price + VAT This exceptional residential resort is a distinguished landmark in Paphos, situated in the city's most prestigious waterfront location. Comprising two towers one standing at 15 floors and the other, currently under construction, reaching 16 floors this development is set to become the tallest building in the city. The architectural design of this highly anticipated project features organic lines and natural curves, culminating in an elegant, futuristic silhouette that exudes luxury and sophistication while harmonizing with the surrounding landscape. The interiors are crafted with premium materials and refined finishes, ensuring an impeccable fusion of aesthetics and functionality. Each of the 113 fully furnished, turnkey apartments will feature a private terrace, allowing residents to enjoy uninterrupted sea views, breathtaking Mediterranean sunsets, and memorable moments with family and friends. In addition, the resort offers 20 spectacular, spacious villas an exclusive choice for discerning homeowners who seek only the finest. These contemporary residences boast expansive open spaces, premium specifications, and luxurious details that embody an unparalleled standard of living. The development is designed to provide a comprehensive lifestyle experience, featuring a gym, spa, swimming pool, sports facilities, landscaped gardens, a park, and a children's playground essential amenities that promote relaxation and well-being. Furthermore, the resort is surrounded by luxury hotels, vibrant nightlife, esteemed educational institutions, and hidden gems waiting to be explored. The breathtaking vistas of the Paphos seafront, the picturesque harbor with its historic castle, and the dynamic cityscape serve as the perfect complement to an already remarkable project. This exclusive residential resort represents an outstanding investment opportunity in Cyprus, offering a prime beachfront location, superior construction quality, innovative development, and luxurious interiors. With its combination of elegance, functionality, and financial security, it stands as a risk-free, income-generating investment within a single prestigious development.
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Currency Exchange
Kato Paphos, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £737,877 | £37,562 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £737,877 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,562 |
Kato Paphos, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £737,877 | £37,562 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £737,877 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,562 |
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 £37,562 more.
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