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For sale is a spacious penthouse apartment offering 143 m2 of comfortable internal living space
Universal, Paphos, Cyprus
REF: 991448
€450,000
Description
For sale is a spacious penthouse apartment offering 143 m2 of comfortable internal living space. This resale property features three well-sized bedrooms and three modern bathrooms, providing plenty of space for families or those who appreciate extra room. The penthouse is easily accessible with a private elevator and is located on the top floor, offering privacy and outstanding views. Situated in the sought-after area of Universal, the apartment is part of a secure gated complex. Universal is known for its convenient location. It is close to local shops, supermarkets, cafes, and public transportation, making daily life both easy and enjoyable. The area is popular for its relaxed atmosphere and beautiful surroundings, combining village charm with modern amenities. Residents can enjoy access to a large communal swimming pool, perfect for relaxing or socializing with neighbors. The property offers impressive mountain, village, and sea views from the private balcony, enhancing each moment spent at home. Built in 2008, the apartment is well-maintained and ready for immediate occupancy. This property is proudly advertised by Purple International Real Estate and represents an excellent opportunity for those seeking a prime location and stunning views.
For sale is a spacious penthouse apartment offering 143 m2 of comfortable internal living space. This resale property features three well-sized bedrooms and three modern bathrooms, providing plenty of space for families or those who appreciate extra room. The penthouse is easily accessible with a private elevator and is located on the top floor, offering privacy and outstanding views. Situated in the sought-after area of Universal, the apartment is part of a secure gated complex. Universal is known for its convenient location. It is close to local shops, supermarkets, cafes, and public transportation, making daily life both easy and enjoyable. The area is popular for its relaxed atmosphere and beautiful surroundings, combining village charm with modern amenities. Residents can enjoy access to a large communal swimming pool, perfect for relaxing or socializing with neighbors. The property offers impressive mountain, village, and sea views from the private balcony, enhancing each moment spent at home. Built in 2008, the apartment is well-maintained and ready for immediate occupancy. This property is proudly advertised by Purple International Real Estate and represents an excellent opportunity for those seeking a prime location and stunning views.
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Currency Exchange
Universal, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £371,453 | £390,641 | £19,188 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £371,453 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,188 |
Universal, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £371,453 | £390,641 | £19,188 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £371,453 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,188 |
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 £19,188 more.
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