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House, For Sale, Limassol, Kolossi
Kolossi, Cyprus
REF: 965039
€360,000
Description
For sale: a charming house currently under construction in the desirable area of Kolossi. This spacious property boasts an internal area of 119 m2, perfect for modern living. With three bedrooms and two bathrooms, it provides ample space for families or those looking to enjoy extra room. Kolossi is known for its lovely community atmosphere, combining residential comfort with convenient access to local amenities. The area features schools, parks, and shops, making it ideal for everyday living. Additionally, Kolossi is rich in history, known for its medieval castle and beautiful surrounding landscapes, offering a unique blend of relaxation and cultural exploration. This house is designed with energy efficiency in mind, achieving an impressive energy efficiency rating of A, ensuring lower utility costs and a reduced environmental impact. The property comes unfurnished, allowing you to personalize the space to fit your style and preferences.
For sale: a charming house currently under construction in the desirable area of Kolossi. This spacious property boasts an internal area of 119 m2, perfect for modern living. With three bedrooms and two bathrooms, it provides ample space for families or those looking to enjoy extra room. Kolossi is known for its lovely community atmosphere, combining residential comfort with convenient access to local amenities. The area features schools, parks, and shops, making it ideal for everyday living. Additionally, Kolossi is rich in history, known for its medieval castle and beautiful surrounding landscapes, offering a unique blend of relaxation and cultural exploration. This house is designed with energy efficiency in mind, achieving an impressive energy efficiency rating of A, ensuring lower utility costs and a reduced environmental impact. The property comes unfurnished, allowing you to personalize the space to fit your style and preferences.
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Currency Exchange
Kolossi, 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 €360,000 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 |
|---|---|---|---|
| €360,000 | £296,604 | £312,512 | £15,908 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £296,604 |
| Maximum cost in the last six months | £312,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,908 |
Kolossi, 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 €360,000 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 |
|---|---|---|---|
| €360,000 | £296,604 | £312,512 | £15,908 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £296,604 |
| Maximum cost in the last six months | £312,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,908 |
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 £15,908 more.
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