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This is a well designed unique project on 2 Blocks, consisting of 6 (Six) modern apartments connected with stairs
Geroskipou, Paphos, Cyprus
REF: 974819
€165,000
Description
This is a well designed unique project on 2 Blocks, consisting of 6 (Six) modern apartments connected with stairs. It consists of 6 Entire Floor luxurious apartments, enjoying panoramic views of the Mediterranean Coastline, ideally located for investment and permanent living. Main characteristic of the project is its unique design, attention to detail and also on the top floor, the two 2-Bedroom Penthouses that enjoy a 110m2 design, a roof terrace and BBQ Area with breathtaking 360 degree sea & mountain view. A/C Split units- Thermal Aluminium Windows - Solar-Powered Boiled Water - Private Parking - Customizable Interiors - Custom Wardrobes - Underfloor Electric Heating - Smart Home system (optional) - Quiet Residential Area - Communal Parking - High Return on Investment - Roof-top terrace Geroskipou is a village located on the East of Paphos and is the second largest municipality in Paphos district. It has so much to offer for property purchasers, both a coastal area and a large residential area set on the cliff commanding fantastic sea views. The village has its own supermarkets, shops, petrol stations, schools and restaurants and bars and yet is only five minutes drive to the centre of Paphos and five minutes drive to Kato Paphos which is built around the harbor where Paphos Castle stands.
This is a well designed unique project on 2 Blocks, consisting of 6 (Six) modern apartments connected with stairs. It consists of 6 Entire Floor luxurious apartments, enjoying panoramic views of the Mediterranean Coastline, ideally located for investment and permanent living. Main characteristic of the project is its unique design, attention to detail and also on the top floor, the two 2-Bedroom Penthouses that enjoy a 110m2 design, a roof terrace and BBQ Area with breathtaking 360 degree sea & mountain view. A/C Split units- Thermal Aluminium Windows - Solar-Powered Boiled Water - Private Parking - Customizable Interiors - Custom Wardrobes - Underfloor Electric Heating - Smart Home system (optional) - Quiet Residential Area - Communal Parking - High Return on Investment - Roof-top terrace Geroskipou is a village located on the East of Paphos and is the second largest municipality in Paphos district. It has so much to offer for property purchasers, both a coastal area and a large residential area set on the cliff commanding fantastic sea views. The village has its own supermarkets, shops, petrol stations, schools and restaurants and bars and yet is only five minutes drive to the centre of Paphos and five minutes drive to Kato Paphos which is built around the harbor where Paphos Castle stands.
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Currency Exchange
Geroskipou, Paphos, 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 €165,000 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 |
|---|---|---|---|
| €165,000 | £136,184 | £143,235 | £7,050 |
| Property Price € | €165,000 |
| Minimum cost in the last six months | £136,184 |
| Maximum cost in the last six months | £143,235 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,050 |
Geroskipou, Paphos, 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 €165,000 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 |
|---|---|---|---|
| €165,000 | £136,184 | £143,235 | £7,050 |
| Property Price € | €165,000 |
| Minimum cost in the last six months | £136,184 |
| Maximum cost in the last six months | £143,235 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,050 |
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 £7,050 more.
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