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For sale off plan is a modern penthouse apartment located in the sought-after area of Potamos Germasogeia
Potamos Germasogeia, Limassol, Cyprus
REF: 981911
€1,070,000
Description
For sale off plan is a modern penthouse apartment located in the sought-after area of Potamos Germasogeia. With an internal space of 97.6 m2, this property offers a spacious and comfortable living environment featuring two bedrooms and two bathrooms. The apartment is situated on the top floor, easily accessible by elevator, and boasts a stunning city view. Potamos Germasogeia is known for its vibrant lifestyle, offering a blend of serenity and convenience. The area is close to the highway, making commuting easy, and is surrounded by a wide range of amenities, including shops, cafes, and leisure facilities. Residents enjoy a balanced mix of urban life and peaceful surroundings. This penthouse is part of a secure, gated complex with first-class facilities such as a private swimming pool, gym, and underfloor heating. The property also includes a central air conditioning system and is rated with energy efficiency A, ensuring comfort year-round and keeping running costs low. The anticipated completion date is 2027, allowing buyers the opportunity to personalize the unfurnished space to their taste. For more details or to arrange a viewing, please contact Purple International Real Estate.
For sale off plan is a modern penthouse apartment located in the sought-after area of Potamos Germasogeia. With an internal space of 97.6 m2, this property offers a spacious and comfortable living environment featuring two bedrooms and two bathrooms. The apartment is situated on the top floor, easily accessible by elevator, and boasts a stunning city view. Potamos Germasogeia is known for its vibrant lifestyle, offering a blend of serenity and convenience. The area is close to the highway, making commuting easy, and is surrounded by a wide range of amenities, including shops, cafes, and leisure facilities. Residents enjoy a balanced mix of urban life and peaceful surroundings. This penthouse is part of a secure, gated complex with first-class facilities such as a private swimming pool, gym, and underfloor heating. The property also includes a central air conditioning system and is rated with energy efficiency A, ensuring comfort year-round and keeping running costs low. The anticipated completion date is 2027, allowing buyers the opportunity to personalize the unfurnished space to their taste. For more details 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 €1,070,000 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 |
|---|---|---|---|
| €1,070,000 | £883,232 | £928,856 | £45,625 |
| Property Price € | €1,070,000 |
| Minimum cost in the last six months | £883,232 |
| Maximum cost in the last six months | £928,856 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,625 |
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 €1,070,000 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 |
|---|---|---|---|
| €1,070,000 | £883,232 | £928,856 | £45,625 |
| Property Price € | €1,070,000 |
| Minimum cost in the last six months | £883,232 |
| Maximum cost in the last six months | £928,856 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,625 |
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 £45,625 more.
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