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For sale is a modern, off-plan apartment with an internal space of 55
Potamos Germasogeia, Limassol, Cyprus
REF: 981909
€500,000
Description
For sale is a modern, off-plan apartment with an internal space of 55.7 m , located on the third floor of a four-story building with an elevator. The apartment features one spacious bedroom, one bathroom, and boasts an energy efficiency rating of A. Thoughtfully designed, it includes underfloor heating, a central AC system, and large windows that offer pleasant city views. The property is situated in Potamos Germasogeia, a highly desirable area known for its blend of peaceful residential streets and easy access to the lively city atmosphere. Residents can enjoy walking distance to numerous shops, cafes, and essential services. The neighborhood is also conveniently close to the highway, making commuting simple and efficient. The area is well-known for its modern lifestyle and relaxed environment. Set within a gated complex, residents will benefit from a range of communal facilities, including a swimming pool and a fully equipped gym. The apartment is offered unfurnished, giving you a blank canvas to create your perfect home. Completion is scheduled for 2027. This property is advertised exclusively by Purple International Real Estate. Don't miss this excellent opportunity to invest in a prime location with outstanding amenities.
For sale is a modern, off-plan apartment with an internal space of 55.7 m , located on the third floor of a four-story building with an elevator. The apartment features one spacious bedroom, one bathroom, and boasts an energy efficiency rating of A. Thoughtfully designed, it includes underfloor heating, a central AC system, and large windows that offer pleasant city views. The property is situated in Potamos Germasogeia, a highly desirable area known for its blend of peaceful residential streets and easy access to the lively city atmosphere. Residents can enjoy walking distance to numerous shops, cafes, and essential services. The neighborhood is also conveniently close to the highway, making commuting simple and efficient. The area is well-known for its modern lifestyle and relaxed environment. Set within a gated complex, residents will benefit from a range of communal facilities, including a swimming pool and a fully equipped gym. The apartment is offered unfurnished, giving you a blank canvas to create your perfect home. Completion is scheduled for 2027. This property is advertised exclusively by Purple International Real Estate. Don't miss this excellent opportunity to invest in a prime location with outstanding amenities.
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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 €500,000 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 |
|---|---|---|---|
| €500,000 | £412,725 | £434,045 | £21,320 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £412,725 |
| Maximum cost in the last six months | £434,045 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,320 |
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £412,725 | £434,045 | £21,320 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £412,725 |
| Maximum cost in the last six months | £434,045 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,320 |
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 £21,320 more.
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