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House Detached in Germasogeia Village, Limassol
5459, Cyprus
REF: 994011
€800,000
Description
Reference ID: #SA36758Price details: 800,000This is a two-storey detached house situated in Germasogeia municipality (Agia Paraskevi quarter), in Limassol district.The house is located in a cul-de-sac, adjacent to a pedestrian street and opposite of a green area, making it an ideal choice. The property was constructed in 2010 on a corner plot of 360m . The ground floor consists of an open-plan entrance hall with the living room and a guest WC. There is a separate kitchen with a secondary open-plan sitting and dining area. The 1st floor consists of four bedrooms, while the master bedroom has an en-suite bathroom and an uncovered veranda. There is also a main bathroom with a jacuzzi.It features ceramic and parquet floors, double-glazed windows, a solid wood kitchen and fully fitted wardrobes, a covered parking space (pergola), BBQ and a landscaped yard.There is unexhausted build density with remaining potential for construction on the property, approximately 75m .There is a separate title deed for this property.It is situated approximately 240m north of the motorway, approximately 1.1km northeast of Linopetra's junction, approximately 1.3km northwest of Germasogeia's junction, approximately 2.3km north of the beach, and approximately 2.5km northeast of Mesa Geitonia's junction.The property falls within Zone ?a7, with a building coefficient of 80%, coverage of 45%, and permission for 3 floors (13.5m) of construction.
Reference ID: #SA36758Price details: 800,000This is a two-storey detached house situated in Germasogeia municipality (Agia Paraskevi quarter), in Limassol district.The house is located in a cul-de-sac, adjacent to a pedestrian street and opposite of a green area, making it an ideal choice. The property was constructed in 2010 on a corner plot of 360m . The ground floor consists of an open-plan entrance hall with the living room and a guest WC. There is a separate kitchen with a secondary open-plan sitting and dining area. The 1st floor consists of four bedrooms, while the master bedroom has an en-suite bathroom and an uncovered veranda. There is also a main bathroom with a jacuzzi.It features ceramic and parquet floors, double-glazed windows, a solid wood kitchen and fully fitted wardrobes, a covered parking space (pergola), BBQ and a landscaped yard.There is unexhausted build density with remaining potential for construction on the property, approximately 75m .There is a separate title deed for this property.It is situated approximately 240m north of the motorway, approximately 1.1km northeast of Linopetra's junction, approximately 1.3km northwest of Germasogeia's junction, approximately 2.3km north of the beach, and approximately 2.5km northeast of Mesa Geitonia's junction.The property falls within Zone ?a7, with a building coefficient of 80%, coverage of 45%, and permission for 3 floors (13.5m) of construction.
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Currency Exchange
5459, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £660,360 | £694,472 | £34,112 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £660,360 |
| Maximum cost in the last six months | £694,472 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,112 |
5459, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £660,360 | £694,472 | £34,112 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £660,360 |
| Maximum cost in the last six months | £694,472 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,112 |
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 £34,112 more.
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