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House Detached in Strovolos, Nicosia
5709, Cyprus
REF: 643237
€657,500
Description
Reference ID: #18166Price details: 657,500This asset is a five-bedroom detached house on two floors in Strovolos, Nicosia.The house has a total area of 400sqm and comprises of a living room, a dining room, a kitchen, a laundry room, an office and a guest toilet room on the ground floor. The first floor comprises of five bedrooms, three with en-suite and a family bathroom.Storage space is available in the basement and in a small building in the yard.The house is equipped with central heating, a fireplace and split units.The asset offers two covered parking spaces, a barbeque area and a private swimming pool.The wider area of the property is mostly developed with residential units, such as apartment buildings and houses. Strovolos municipality is one of the biggest in Nicosia district and offers all kinds of amenities and has a quick access to the Nicosia city centre.
Reference ID: #18166Price details: 657,500This asset is a five-bedroom detached house on two floors in Strovolos, Nicosia.The house has a total area of 400sqm and comprises of a living room, a dining room, a kitchen, a laundry room, an office and a guest toilet room on the ground floor. The first floor comprises of five bedrooms, three with en-suite and a family bathroom.Storage space is available in the basement and in a small building in the yard.The house is equipped with central heating, a fireplace and split units.The asset offers two covered parking spaces, a barbeque area and a private swimming pool.The wider area of the property is mostly developed with residential units, such as apartment buildings and houses. Strovolos municipality is one of the biggest in Nicosia district and offers all kinds of amenities and has a quick access to the Nicosia city centre.
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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 €657,500 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 |
|---|---|---|---|
| €657,500 | £544,614 | £565,088 | £20,475 |
| Property Price € | €657,500 |
| Minimum cost in the last six months | £544,614 |
| Maximum cost in the last six months | £565,088 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,475 |
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 €657,500 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 |
|---|---|---|---|
| €657,500 | £544,614 | £565,088 | £20,475 |
| Property Price € | €657,500 |
| Minimum cost in the last six months | £544,614 |
| Maximum cost in the last six months | £565,088 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,475 |
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 £20,475 more.
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