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House Detached in Archangelos, Nicosia
5709, Cyprus
REF: 642635
€885,000
Description
Reference ID: #SA26585Price details: 885,000 +VATA contemporary designed house with a beautiful garden, double garage and terraces. On the ground floor it has a spacious open plan living room, dining room, office, family sitting area and a modern kitchen all with a view to the garden, and a guest WC. On the first floor there are four bedrooms: the master bedroom with en-suite, a second bedroom with en suite and two more bedrooms that share one bathroom. The house also has a basement with one bedroom and one bathroom.Class A Energy CertificateUnderfloor HeatingSound And Thermal InsulationSolar Water HeaterPressure SystemCeramic Tiles Or Parquet Or MarbleEntrance CameraTechnogranite Kitchen CountersProvision Of Alarm SystemProvision Of A/C UnitsCovered area 264 sq.m.Covered veranda 43 sq.m.Basement 139 sq.m.Delivery date: April 2023PLUS V.A.T
Reference ID: #SA26585Price details: 885,000 +VATA contemporary designed house with a beautiful garden, double garage and terraces. On the ground floor it has a spacious open plan living room, dining room, office, family sitting area and a modern kitchen all with a view to the garden, and a guest WC. On the first floor there are four bedrooms: the master bedroom with en-suite, a second bedroom with en suite and two more bedrooms that share one bathroom. The house also has a basement with one bedroom and one bathroom.Class A Energy CertificateUnderfloor HeatingSound And Thermal InsulationSolar Water HeaterPressure SystemCeramic Tiles Or Parquet Or MarbleEntrance CameraTechnogranite Kitchen CountersProvision Of Alarm SystemProvision Of A/C UnitsCovered area 264 sq.m.Covered veranda 43 sq.m.Basement 139 sq.m.Delivery date: April 2023PLUS V.A.T
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Currency Exchange
5709, 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 €885,000 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 |
|---|---|---|---|
| €885,000 | £736,214 | £761,649 | £25,435 |
| Property Price € | €885,000 |
| Minimum cost in the last six months | £736,214 |
| Maximum cost in the last six months | £761,649 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,435 |
5709, 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 €885,000 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 |
|---|---|---|---|
| €885,000 | £736,214 | £761,649 | £25,435 |
| Property Price € | €885,000 |
| Minimum cost in the last six months | £736,214 |
| Maximum cost in the last six months | £761,649 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,435 |
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 £25,435 more.
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