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Apartment, For Sale, Limassol, Panthea
Panthea, Cyprus
REF: 969255
€400,000
Description
Nestled on a serene hillside west of the Grammar School in the prestigious Panthea area of Limassol, this exclusive new development presents a rare opportunity for luxury living in one of the city's most sought-after locations. Comprising just 10 high-end apartments, the project is designed to offer privacy, comfort, and breathtaking views of the Mediterranean Sea from generously sized balconies and rooftops. The development features a modern three-story building with a secure gated entrance, controlled by electric gates and a video intercom system, ensuring residents' peace of mind. Each apartment includes a private covered parking space and a separate storage room, adding to the practicality of everyday living. Built with a focus on quality and elegance, these two- and three-bedroom residences €” including stunning penthouses €” boast 3-meter-high ceilings, top-tier finishes, and Italian-designed kitchens. The homes are equipped with advanced VRV air conditioning systems and efficient underfloor water heating, blending modern technology with sophisticated style. The penthouses are crowned with expansive private terraces that feature an additional room and a dedicated sauna, perfect for relaxation and entertainment. Located just 300 meters from the prestigious Grammar School and 50 meters from a local public school, the residence is ideally positioned for families. The quiet residential setting combines tranquility with convenience, offering easy access to Limassol€™s amenities while enjoying panoramic sea views. Key Features: Only 10 luxury apartments Uninterrupted Mediterranean Sea views Gated entrance with security systems Covered parking and private storerooms High ceilings (3 meters) VRV Air Conditioning and underfloor water heating Italian kitchens and premium finishes Penthouses with private terraces, extra room, and sauna Walking distance to top local and private schools Expected Completion: May 2025 This is a refined living experience for those who appreciate quality, privacy, and panoramic beauty €” the ideal home for modern coastal living.
Nestled on a serene hillside west of the Grammar School in the prestigious Panthea area of Limassol, this exclusive new development presents a rare opportunity for luxury living in one of the city's most sought-after locations. Comprising just 10 high-end apartments, the project is designed to offer privacy, comfort, and breathtaking views of the Mediterranean Sea from generously sized balconies and rooftops. The development features a modern three-story building with a secure gated entrance, controlled by electric gates and a video intercom system, ensuring residents' peace of mind. Each apartment includes a private covered parking space and a separate storage room, adding to the practicality of everyday living. Built with a focus on quality and elegance, these two- and three-bedroom residences €” including stunning penthouses €” boast 3-meter-high ceilings, top-tier finishes, and Italian-designed kitchens. The homes are equipped with advanced VRV air conditioning systems and efficient underfloor water heating, blending modern technology with sophisticated style. The penthouses are crowned with expansive private terraces that feature an additional room and a dedicated sauna, perfect for relaxation and entertainment. Located just 300 meters from the prestigious Grammar School and 50 meters from a local public school, the residence is ideally positioned for families. The quiet residential setting combines tranquility with convenience, offering easy access to Limassol€™s amenities while enjoying panoramic sea views. Key Features: Only 10 luxury apartments Uninterrupted Mediterranean Sea views Gated entrance with security systems Covered parking and private storerooms High ceilings (3 meters) VRV Air Conditioning and underfloor water heating Italian kitchens and premium finishes Penthouses with private terraces, extra room, and sauna Walking distance to top local and private schools Expected Completion: May 2025 This is a refined living experience for those who appreciate quality, privacy, and panoramic beauty €” the ideal home for modern coastal living.
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Currency Exchange
Panthea, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £347,236 | £17,676 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £347,236 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,676 |
Panthea, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £347,236 | £17,676 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £347,236 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,676 |
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 £17,676 more.
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