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Apartment, For Sale, Paphos, Tombs Of the Kings
Tombs Of the Kings, Cyprus
REF: 965029
€150,000
Description
One bedroom apartment in a popular and attractive location in Agios Theodoros Quarter in Paphos Municipality. The property is ideally situated close to an abundance of amenities and services such as supermarkets, shops, parks, schools etc. In addition, it enjoys excellent access to the Kato Paphos tourist area and the Municipality center. The apartment was constructed in 2007 (approx.). It is located on the third floor of the building and comprises of a living room/kitchen/dining room as an open space, two bedrooms (the one is ensuite with bathroom), common bathroom with WC and uncovered veranda. It consists of a covered parking space in the basement. It is noted that the property consists of communal swimming pool. The area of the internal spaces is 110 sqm, and the uncovered veranda 109 sqm. The property is vacant and it is suitable for private use or for long/short term rental with a very good return. Title deed: The property has a separate title deed
One bedroom apartment in a popular and attractive location in Agios Theodoros Quarter in Paphos Municipality. The property is ideally situated close to an abundance of amenities and services such as supermarkets, shops, parks, schools etc. In addition, it enjoys excellent access to the Kato Paphos tourist area and the Municipality center. The apartment was constructed in 2007 (approx.). It is located on the third floor of the building and comprises of a living room/kitchen/dining room as an open space, two bedrooms (the one is ensuite with bathroom), common bathroom with WC and uncovered veranda. It consists of a covered parking space in the basement. It is noted that the property consists of communal swimming pool. The area of the internal spaces is 110 sqm, and the uncovered veranda 109 sqm. The property is vacant and it is suitable for private use or for long/short term rental with a very good return. Title deed: The property has a separate title deed
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Currency Exchange
Tombs Of the Kings, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £130,214 | £6,629 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £130,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,629 |
Tombs Of the Kings, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £130,214 | £6,629 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £130,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,629 |
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 £6,629 more.
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