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House Detached in Paliometocho, Nicosia
5394, Cyprus
REF: 643109
€600,000
Description
Reference ID: #20453Price details: 600,000This sizeable residential property sits on two land plots containing two single storey houses with a swimming pool, a tennis court, a pool house, a storage room and a boiler room. It is located 2km west of the Pascal English School. House A has internal covered area 393 sqm. It consists of a living room, a kitchen, a dining room, four bedrooms with wardrobes (one of which is en-suite), two bathrooms, a guest WC, an office, a laundry room, a storage room, a boiler room and two covered parking spaces.It also has oil boiler heating, a fireplace and split units. The project is covered by two building permits. House B is part of both plots and has internal covered area 146 sqm. It consists of a living room, a kitchen, three bedrooms (one of which is en-suite) and a bathroom. It also has oil boiler heating and split units. The wider area is mainly agricultural. It enjoys good accessibility to the city centre and the wider area of Nicosia and to the other cities due to its close proximity to the Nicosia-Troodos Motorway.
Reference ID: #20453Price details: 600,000This sizeable residential property sits on two land plots containing two single storey houses with a swimming pool, a tennis court, a pool house, a storage room and a boiler room. It is located 2km west of the Pascal English School. House A has internal covered area 393 sqm. It consists of a living room, a kitchen, a dining room, four bedrooms with wardrobes (one of which is en-suite), two bathrooms, a guest WC, an office, a laundry room, a storage room, a boiler room and two covered parking spaces.It also has oil boiler heating, a fireplace and split units. The project is covered by two building permits. House B is part of both plots and has internal covered area 146 sqm. It consists of a living room, a kitchen, three bedrooms (one of which is en-suite) and a bathroom. It also has oil boiler heating and split units. The wider area is mainly agricultural. It enjoys good accessibility to the city centre and the wider area of Nicosia and to the other cities due to its close proximity to the Nicosia-Troodos Motorway.
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Currency Exchange
5394, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £496,986 | £515,670 | £18,684 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £496,986 |
| Maximum cost in the last six months | £515,670 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,684 |
5394, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £496,986 | £515,670 | £18,684 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £496,986 |
| Maximum cost in the last six months | £515,670 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,684 |
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 £18,684 more.
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