House, For Sale, Limassol, Lofou

Lofou, Cyprus

For Sale

€750,000

REF: 968492 €750,000


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5

Description

An exceptional investment opportunity! A fully operational tourist accommodation consisting of 4 independent wooden houses, with: €¢ Private pool €¢ Fireplace €¢ Air conditioning €¢ On-site management residence €¢ Remote-controlled gate €¢ Fully fenced property ¸» FEATURES: €¢ 4 wooden houses, fully furnished and equipped €¢ Private swimming pool with lounge areas €¢ Children€™s playground with swings €¢ Kitchens, fireplaces, air conditioning, televisions in all units €¢ Cozy outdoor spaces ideal for leisure and gatherings ¸» IDEAL FOR: €¢ Airbnb / Booking rentals €¢ Family getaways €¢ Wellness retreats & hospitality €¢ Turnkey business investment with an established clientele
An exceptional investment opportunity! A fully operational tourist accommodation consisting of 4 independent wooden houses, with: €¢ Private pool €¢ Fireplace €¢ Air conditioning €¢ On-site management residence €¢ Remote-controlled gate €¢ Fully fenced property ¸» FEATURES: €¢ 4 wooden houses, fully furnished and equipped €¢ Private swimming pool with lounge areas €¢ Children€™s playground with swings €¢ Kitchens, fireplaces, air conditioning, televisions in all units €¢ Cozy outdoor spaces ideal for leisure and gatherings ¸» IDEAL FOR: €¢ Airbnb / Booking rentals €¢ Family getaways €¢ Wellness retreats & hospitality €¢ Turnkey business investment with an established clientele
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Property on Map

#42795

Currency Exchange

Lofou, 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 €750,000 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
€750,000 £617,925 £651,068 £33,143
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £651,068
Fluctuating exchange rates over the last six months could have increased the cost of this property by £33,143

Lofou, 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 €750,000 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
€750,000 £617,925 £651,068 £33,143
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £651,068
Fluctuating exchange rates over the last six months could have increased the cost of this property by £33,143

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 £33,143 more.

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