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For sale off plan, this modern 1-bedroom, 1-bathroom apartment offers a comfortable internal space of 55
Potamos Germasogeia, Limassol, Cyprus
REF: 981905
€440,000
Description
For sale off plan, this modern 1-bedroom, 1-bathroom apartment offers a comfortable internal space of 55.7 m . Located on the first floor of a secure, four-storey building with an elevator, it provides convenience and accessibility for all residents. The apartment comes unfurnished, allowing you to design your dream home from the ground up. Enjoy the benefits of energy efficiency class A, underfloor heating, and a central AC system to ensure year-round comfort. The development is set within a gated complex, giving you peace of mind, while shared amenities such as a communal swimming pool and a fully equipped gym help promote an active lifestyle. You will also benefit from a pleasant city view. Situated in Potamos Germasogeia, a popular and sought-after area, the property is perfectly positioned close to the highway for easy commuting and within walking distance of supermarkets, restaurants, and shops. The neighborhood is known for its blend of residential tranquility with easy access to vibrant city life, making it ideal for both homeowners and investors. Expected completion is in 2027. For more information or to arrange a viewing, please contact Purple International Real Estate.
For sale off plan, this modern 1-bedroom, 1-bathroom apartment offers a comfortable internal space of 55.7 m . Located on the first floor of a secure, four-storey building with an elevator, it provides convenience and accessibility for all residents. The apartment comes unfurnished, allowing you to design your dream home from the ground up. Enjoy the benefits of energy efficiency class A, underfloor heating, and a central AC system to ensure year-round comfort. The development is set within a gated complex, giving you peace of mind, while shared amenities such as a communal swimming pool and a fully equipped gym help promote an active lifestyle. You will also benefit from a pleasant city view. Situated in Potamos Germasogeia, a popular and sought-after area, the property is perfectly positioned close to the highway for easy commuting and within walking distance of supermarkets, restaurants, and shops. The neighborhood is known for its blend of residential tranquility with easy access to vibrant city life, making it ideal for both homeowners and investors. Expected completion is in 2027. For more information or to arrange a viewing, please contact Purple International Real Estate.
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Currency Exchange
Potamos Germasogeia, Limassol, 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 €440,000 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 |
|---|---|---|---|
| €440,000 | £363,198 | £381,960 | £18,762 |
| Property Price € | €440,000 |
| Minimum cost in the last six months | £363,198 |
| Maximum cost in the last six months | £381,960 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,762 |
Potamos Germasogeia, Limassol, 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 €440,000 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 |
|---|---|---|---|
| €440,000 | £363,198 | £381,960 | £18,762 |
| Property Price € | €440,000 |
| Minimum cost in the last six months | £363,198 |
| Maximum cost in the last six months | £381,960 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,762 |
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 £18,762 more.
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