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Apartment, For Sale, Limassol, Germasogeia Tourist Area
Germasogeia Tourist Area, Cyprus
REF: 987047
€750,000
Description
This beautiful 3-bedroom penthouse is located in one of Limassol€™s most sought-after areas, right on the seafront in Germasogeia, next to Dasoudi Park. Positioned on the 6th floor, the apartment offers stunning, unobstructed sea views and is just a two-minute walk from the beach. With 110 m² of interior space and 15 m² of covered verandas, the property features a spacious open-plan living and dining area with a fully equipped kitchen. The apartment is fully furnished, includes all necessary electrical appliances, and is fully air-conditioned with split units in every room. It consists of three bedrooms, including a master with an en-suite shower and toilet, as well as a main bathroom with a bathtub. The building is ideally situated on the tourist road with immediate access to shops, restaurants, cafes, bus stops, and all everyday amenities. The property also comes with an allocated parking space and is in excellent condition.
This beautiful 3-bedroom penthouse is located in one of Limassol€™s most sought-after areas, right on the seafront in Germasogeia, next to Dasoudi Park. Positioned on the 6th floor, the apartment offers stunning, unobstructed sea views and is just a two-minute walk from the beach. With 110 m² of interior space and 15 m² of covered verandas, the property features a spacious open-plan living and dining area with a fully equipped kitchen. The apartment is fully furnished, includes all necessary electrical appliances, and is fully air-conditioned with split units in every room. It consists of three bedrooms, including a master with an en-suite shower and toilet, as well as a main bathroom with a bathtub. The building is ideally situated on the tourist road with immediate access to shops, restaurants, cafes, bus stops, and all everyday amenities. The property also comes with an allocated parking space and is in excellent condition.
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Currency Exchange
Germasogeia Tourist Area, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £619,088 | £651,068 | £31,980 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £619,088 |
| Maximum cost in the last six months | £651,068 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,980 |
Germasogeia Tourist Area, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £619,088 | £651,068 | £31,980 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £619,088 |
| Maximum cost in the last six months | £651,068 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,980 |
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 £31,980 more.
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