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Apartment, For Sale, Limassol, Historical Center
Historical Center, Cyprus
REF: 997541
€471,000
Description
A contemporary residential development in the heart of Limassol€™s historic city centre. The project features 70 modern studios, 1, and 2 bedroom apartments, thoughtfully designed to meet the evolving needs of a vibrant urban population. Located on a main street and just steps away from Anexartisias str., the development offers seamless access to local amenities, including shops, restaurants, and Limassol€™s biggest University. Each residence features a fresh, flexible living experience with bright interiors, modern aesthetics, and quality finishes. On-site amenities include a gym, open-air lounge, indoor lounge, rooftop swimming pool, barbecue area, and a bar with panoramic views of the Old Port and Limassol Marina. An exciting opportunity in a dynamic and growing part of the city, offering high rental yield potential.
A contemporary residential development in the heart of Limassol€™s historic city centre. The project features 70 modern studios, 1, and 2 bedroom apartments, thoughtfully designed to meet the evolving needs of a vibrant urban population. Located on a main street and just steps away from Anexartisias str., the development offers seamless access to local amenities, including shops, restaurants, and Limassol€™s biggest University. Each residence features a fresh, flexible living experience with bright interiors, modern aesthetics, and quality finishes. On-site amenities include a gym, open-air lounge, indoor lounge, rooftop swimming pool, barbecue area, and a bar with panoramic views of the Old Port and Limassol Marina. An exciting opportunity in a dynamic and growing part of the city, offering high rental yield potential.
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Currency Exchange
Historical Center, 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 €471,000 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 |
|---|---|---|---|
| €471,000 | £388,787 | £408,870 | £20,083 |
| Property Price € | €471,000 |
| Minimum cost in the last six months | £388,787 |
| Maximum cost in the last six months | £408,870 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,083 |
Historical Center, 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 €471,000 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 |
|---|---|---|---|
| €471,000 | £388,787 | £408,870 | £20,083 |
| Property Price € | €471,000 |
| Minimum cost in the last six months | £388,787 |
| Maximum cost in the last six months | £408,870 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,083 |
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 £20,083 more.
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