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PROMOTIONAL OFFER: This brand-new 2-bedroom penthouse apartment comes fully furnished with a high-quality furniture package included in the price, presenting a rare opportunity for effortless luxury living
Kapparis, Famagusta, Cyprus
REF: 969492
€310,000
Description
PROMOTIONAL OFFER: This brand-new 2-bedroom penthouse apartment comes fully furnished with a high-quality furniture package included in the price, presenting a rare opportunity for effortless luxury living. Ideally located near the vibrant, all-year-round resort of Kapparis, this contemporary property features a spacious 54 square meter private roof terrace, perfect for enjoying Cyprus renowned sunshine and Mediterranean views. Nestled within a newly developed private gated community, residents benefit from exceptional amenities including three communal swimming pools, a modern gym, landscaped gardens and covered parking. Each apartment block comprises only eight residences two per floor with convenient lift access, covered parking, and private storage units. Designed with comfort and style in mind, every home offers a serene living experience in a peaceful, modern setting. The development is just a short walk from local conveniences such as supermarkets, bakeries, shops, restaurants, and the stunning sandy beaches that define the Kapparis area. Scheduled for completion between late 2025 and early 2026, this is an ideal opportunity for investment, holiday use, or year-round living.
PROMOTIONAL OFFER: This brand-new 2-bedroom penthouse apartment comes fully furnished with a high-quality furniture package included in the price, presenting a rare opportunity for effortless luxury living. Ideally located near the vibrant, all-year-round resort of Kapparis, this contemporary property features a spacious 54 square meter private roof terrace, perfect for enjoying Cyprus renowned sunshine and Mediterranean views. Nestled within a newly developed private gated community, residents benefit from exceptional amenities including three communal swimming pools, a modern gym, landscaped gardens and covered parking. Each apartment block comprises only eight residences two per floor with convenient lift access, covered parking, and private storage units. Designed with comfort and style in mind, every home offers a serene living experience in a peaceful, modern setting. The development is just a short walk from local conveniences such as supermarkets, bakeries, shops, restaurants, and the stunning sandy beaches that define the Kapparis area. Scheduled for completion between late 2025 and early 2026, this is an ideal opportunity for investment, holiday use, or year-round living.
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Currency Exchange
Kapparis, Famagusta, 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 €310,000 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 |
|---|---|---|---|
| €310,000 | £255,862 | £269,108 | £13,246 |
| Property Price € | €310,000 |
| Minimum cost in the last six months | £255,862 |
| Maximum cost in the last six months | £269,108 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,246 |
Kapparis, Famagusta, 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 €310,000 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 |
|---|---|---|---|
| €310,000 | £255,862 | £269,108 | £13,246 |
| Property Price € | €310,000 |
| Minimum cost in the last six months | £255,862 |
| Maximum cost in the last six months | £269,108 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,246 |
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 £13,246 more.
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