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Apartment, For Sale, Larnaca, Drosia
Drosia, Cyprus
REF: 998621
€420,000
Description
This modern newly completed two bedroom penthouse in Drosia, is a true gem, offering a perfect combination of style, comfort, and convenience. The open-plan layout creates a bright, airy atmosphere, seamlessly integrating the kitchen, dining, and living areas flowing out to the balcony€”making it ideal for both relaxing and entertaining guests. The spacious master bedroom boasts an en suite shower, while the second bedroom offers versatile space, perfect for accommodating guests or setting up a home office. Step outside to your private roof garden€”a serene escape for unwinding after a long day or hosting memorable gatherings under the stars, with amazing views over the Salt Lake. Being sold fully furnished as seen in pictures. This penthouse also offers covered parking and private storage room. It€™s prime location provides easy access to local amenities and main roads/motorway, all while maintaining a tranquil, residential atmosphere. With a selection of premium finishes, this penthouse offers not only an elevated standard of living but also excellent rental potential.
This modern newly completed two bedroom penthouse in Drosia, is a true gem, offering a perfect combination of style, comfort, and convenience. The open-plan layout creates a bright, airy atmosphere, seamlessly integrating the kitchen, dining, and living areas flowing out to the balcony€”making it ideal for both relaxing and entertaining guests. The spacious master bedroom boasts an en suite shower, while the second bedroom offers versatile space, perfect for accommodating guests or setting up a home office. Step outside to your private roof garden€”a serene escape for unwinding after a long day or hosting memorable gatherings under the stars, with amazing views over the Salt Lake. Being sold fully furnished as seen in pictures. This penthouse also offers covered parking and private storage room. It€™s prime location provides easy access to local amenities and main roads/motorway, all while maintaining a tranquil, residential atmosphere. With a selection of premium finishes, this penthouse offers not only an elevated standard of living but also excellent rental potential.
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Currency Exchange
Drosia, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,689 | £364,606 | £17,917 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,689 |
| Maximum cost in the last six months | £364,606 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,917 |
Drosia, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,689 | £364,606 | £17,917 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,689 |
| Maximum cost in the last six months | £364,606 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,917 |
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 £17,917 more.
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