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Apartment, For Sale, Limassol, Potamos Germasogeias
Potamos Germasogeias, Cyprus
REF: 999314
€1,320,000
Description
The project is located in one of Limassol€™s most prestigious tourist districts, Papas, within walking distance to the sandy beach of the famous Dasoudi Park. Quiet surroundings and proximity to all city amenities imaginable (including the Papas supermarket) provide the ideal conditions for happy family living. The sandy beaches 150 meters away from the project guarantee that your property is a successful investment generating substantial rental yields. The smart concept and the favorable location make a truly unique development on the Limassol property landscape. There are only 24 one-, two-, three- and four-bedroom luxury apartments and penthouses. The cleverly designed master plan offers the residents convenient access to the common pool, gym, landscaped gardens, and covered parking. The apartments on the 3rd floor and the penthouses on the 4th floor have spacious private terraces with individual pools. Each apartment enjoys 3.15 meters height ceilings and top-standard finishes.
The project is located in one of Limassol€™s most prestigious tourist districts, Papas, within walking distance to the sandy beach of the famous Dasoudi Park. Quiet surroundings and proximity to all city amenities imaginable (including the Papas supermarket) provide the ideal conditions for happy family living. The sandy beaches 150 meters away from the project guarantee that your property is a successful investment generating substantial rental yields. The smart concept and the favorable location make a truly unique development on the Limassol property landscape. There are only 24 one-, two-, three- and four-bedroom luxury apartments and penthouses. The cleverly designed master plan offers the residents convenient access to the common pool, gym, landscaped gardens, and covered parking. The apartments on the 3rd floor and the penthouses on the 4th floor have spacious private terraces with individual pools. Each apartment enjoys 3.15 meters height ceilings and top-standard finishes.
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Currency Exchange
Potamos Germasogeias, 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 €1,320,000 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 |
|---|---|---|---|
| €1,320,000 | £1,089,594 | £1,145,905 | £56,311 |
| Property Price € | €1,320,000 |
| Minimum cost in the last six months | £1,089,594 |
| Maximum cost in the last six months | £1,145,905 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £56,311 |
Potamos Germasogeias, 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 €1,320,000 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 |
|---|---|---|---|
| €1,320,000 | £1,089,594 | £1,145,905 | £56,311 |
| Property Price € | €1,320,000 |
| Minimum cost in the last six months | £1,089,594 |
| Maximum cost in the last six months | £1,145,905 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £56,311 |
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 £56,311 more.
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