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For sale is a spacious resale apartment with an internal area of 77 m , located in the popular area of Paralimni
Paralimni, Famagusta, Cyprus
REF: 995708
€100,000
Description
For sale is a spacious resale apartment with an internal area of 77 m , located in the popular area of Paralimni. This well-presented property offers two comfortable bedrooms and one modern bathroom, making it ideal for couples, small families, or as a holiday retreat. The apartment features a practical layout and plenty of natural light, creating a warm and welcoming atmosphere. The living and dining space is designed for easy living, while the kitchen is fully equipped for all your cooking needs. Both bedrooms provide ample storage, and the bathroom is finished to a high standard. Paralimni is known for its unique blend of traditional charm and modern amenities. The area boasts lovely squares, local shops, cafes, and restaurants, ensuring convenience for daily living. Beautiful beaches and scenic walking paths are nearby, perfect for relaxation and outdoor activities. The community has a friendly atmosphere, making it a desirable location for both residents and visitors. This property is situated close to supermarkets, schools, and healthcare facilities, offering everything you need within easy reach.
For sale is a spacious resale apartment with an internal area of 77 m , located in the popular area of Paralimni. This well-presented property offers two comfortable bedrooms and one modern bathroom, making it ideal for couples, small families, or as a holiday retreat. The apartment features a practical layout and plenty of natural light, creating a warm and welcoming atmosphere. The living and dining space is designed for easy living, while the kitchen is fully equipped for all your cooking needs. Both bedrooms provide ample storage, and the bathroom is finished to a high standard. Paralimni is known for its unique blend of traditional charm and modern amenities. The area boasts lovely squares, local shops, cafes, and restaurants, ensuring convenience for daily living. Beautiful beaches and scenic walking paths are nearby, perfect for relaxation and outdoor activities. The community has a friendly atmosphere, making it a desirable location for both residents and visitors. This property is situated close to supermarkets, schools, and healthcare facilities, offering everything you need within easy reach.
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Currency Exchange
Paralimni, Famagusta, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,545 | £86,809 | £4,264 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,545 |
| Maximum cost in the last six months | £86,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,264 |
Paralimni, Famagusta, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,545 | £86,809 | £4,264 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,545 |
| Maximum cost in the last six months | £86,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,264 |
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 £4,264 more.
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