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Apartment, For Sale, Paphos, Kato Paphos
Kato Paphos, Cyprus
REF: 979941
€230,000
Description
We are delighted to present this beautifully maintained 2-bedroom apartment located in the highly sought-after Iris Village, a gated development , perfectly positioned in the heart of Kato Paphos. Just 1 km from the popular Kings Avenue Mall and under 1.5 km from the scenic Paphos Harbor, this home offers the ideal blend of peaceful living with urban convenience. Nestled next to the cosmopolitan Universal area, the property benefits from proximity to restaurants, cafes, and stylish boutiques, all while enjoying the tranquility of a quiet residential community. Property Features: First-floor apartment with elevator access Bright, open-plan living and dining area with access to a spacious covered veranda Modern separate kitchen with granite countertops, ample storage, and built-in appliances 2 large bedrooms with built-in wardrobes and city views Family bathroom with high-quality finishes Double-glazed windows, air conditioning, and pressurized water system Solar water heater and electrical appliances included Community & Extras: Gated complex with lush gardens Expansive communal split-level swimming pool ideal for families Covered parking space and private 6 sq.m. storage room in the basement Barbecue area available for residents Additional Highlights: Separate Title Deed available No VAT an excellent investment opportunity or permanent residence 15-minute drive to Paphos Airport 5-minute drive to the beach and town center Whether you're seeking a holiday retreat, a buy-to-let investment, or your new home in the sun, this apartment offers fantastic value in one of Paphos€™s most desirable locations.
We are delighted to present this beautifully maintained 2-bedroom apartment located in the highly sought-after Iris Village, a gated development , perfectly positioned in the heart of Kato Paphos. Just 1 km from the popular Kings Avenue Mall and under 1.5 km from the scenic Paphos Harbor, this home offers the ideal blend of peaceful living with urban convenience. Nestled next to the cosmopolitan Universal area, the property benefits from proximity to restaurants, cafes, and stylish boutiques, all while enjoying the tranquility of a quiet residential community. Property Features: First-floor apartment with elevator access Bright, open-plan living and dining area with access to a spacious covered veranda Modern separate kitchen with granite countertops, ample storage, and built-in appliances 2 large bedrooms with built-in wardrobes and city views Family bathroom with high-quality finishes Double-glazed windows, air conditioning, and pressurized water system Solar water heater and electrical appliances included Community & Extras: Gated complex with lush gardens Expansive communal split-level swimming pool ideal for families Covered parking space and private 6 sq.m. storage room in the basement Barbecue area available for residents Additional Highlights: Separate Title Deed available No VAT an excellent investment opportunity or permanent residence 15-minute drive to Paphos Airport 5-minute drive to the beach and town center Whether you're seeking a holiday retreat, a buy-to-let investment, or your new home in the sun, this apartment offers fantastic value in one of Paphos€™s most desirable locations.
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Currency Exchange
Kato 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,854 | £199,661 | £9,807 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,854 |
| Maximum cost in the last six months | £199,661 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,807 |
Kato 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,854 | £199,661 | £9,807 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,854 |
| Maximum cost in the last six months | £199,661 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,807 |
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 £9,807 more.
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