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House Detached in Latsia, Nicosia
5242, Cyprus
REF: 642986
€1,100,000
Description
Reference ID: #23627Price details: 1,100,000Luxurious house located in Latsia and built in 2015 , encompassing the ultimate in luxury, style and comfort.The property is situated at the end of a dead-end road in a very quiet neighborhood, only few minutes away from the Mall of Cyprus, and other shops and restaurants in Latsia. Opposite the house there is a green area (no other house will be built) and plenty of parking place. The house has an undercover car park (with an electric gate remotely operated). Its internal area covers 460 sqm, and features big verandas (i.e. roofed porch) and a garden.The property itself comprises of three levels, each with its own facilities (listed below).Upper floor consists of:Four spacious bedrooms (2 ensuite and 2 with a shared bathroom) with wooden floors, marble bathrooms, double glazed windows, window net mesh and outside electric roller shutters. One of the bedrooms has also a big verandaMaster bedroom has a large dressing room, a bathroom with rain Grohe shower head and a bath tub. It has also a large walk-in closetGround floor consists of:A large kitchen with an adjacent casual 8-person dining area, Miele electrical appliances, a steam oven and a regular oven. Kitchen features direct access to the garden 20-person formal dining room Large living room with marble fire place featuring direct access to the gardenGuest closet and toiletAdjacent spacious family room with a big library, a fire place, and a TV mounted on the wallLighting systemBasement consists of: Spacious room that can be used as home-cinema or as a small gym, or even as a study roomFully equipped laundry roomBathroomEnsuite room (i.e. for a helper/maid)Storage roomAlso, all three levels comprise:Wooden floorAir Conditioning system (split units, cold and warm) Under-floor heating (using petrol)New alarm systemSafety doorsSound system in the living rooms, garden and master bedroom New photovoltaic system for minimum electricity cost
Reference ID: #23627Price details: 1,100,000Luxurious house located in Latsia and built in 2015 , encompassing the ultimate in luxury, style and comfort.The property is situated at the end of a dead-end road in a very quiet neighborhood, only few minutes away from the Mall of Cyprus, and other shops and restaurants in Latsia. Opposite the house there is a green area (no other house will be built) and plenty of parking place. The house has an undercover car park (with an electric gate remotely operated). Its internal area covers 460 sqm, and features big verandas (i.e. roofed porch) and a garden.The property itself comprises of three levels, each with its own facilities (listed below).Upper floor consists of:Four spacious bedrooms (2 ensuite and 2 with a shared bathroom) with wooden floors, marble bathrooms, double glazed windows, window net mesh and outside electric roller shutters. One of the bedrooms has also a big verandaMaster bedroom has a large dressing room, a bathroom with rain Grohe shower head and a bath tub. It has also a large walk-in closetGround floor consists of:A large kitchen with an adjacent casual 8-person dining area, Miele electrical appliances, a steam oven and a regular oven. Kitchen features direct access to the garden 20-person formal dining room Large living room with marble fire place featuring direct access to the gardenGuest closet and toiletAdjacent spacious family room with a big library, a fire place, and a TV mounted on the wallLighting systemBasement consists of: Spacious room that can be used as home-cinema or as a small gym, or even as a study roomFully equipped laundry roomBathroomEnsuite room (i.e. for a helper/maid)Storage roomAlso, all three levels comprise:Wooden floorAir Conditioning system (split units, cold and warm) Under-floor heating (using petrol)New alarm systemSafety doorsSound system in the living rooms, garden and master bedroom New photovoltaic system for minimum electricity cost
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Currency Exchange
5242, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
5242, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
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 £34,254 more.
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