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House Detached in Kapedes, Nicosia
5639, Cyprus
REF: 675877
€580,000
Description
Reference ID: #17480Price details: 580,000An independent luxury villa in a beautiful, quiet, pine-covered area in the village of Kapedes by the foot of Machairas Mountain. Located just 25 minutes from the center of Nicosia and only 40 minutes from the nearest beach. The house consists of two sections which are connected with interior and exterior stairs. In the upper section there are three bedrooms, 16 sqm each, (two of them have A/C) and a master bedroom, 27 sqm, which also has A/C, a wardrobe, a shower and a toilet. The areas of kitchen and living are open plan and very spacious. The kitchen is modern, handmade with wood touches, fully equipped, with fitted appliances. In the kitchen there is also a fireplace which is connected with the central heating and the outside door is unique also handmade with wood touches. The kitchen is 45 sqm and the living room is 24 sqm. The main bathroom has as Jacuzzi and a toilet and there is one more toilet for guests. The upper section has also an airy, covered veranda of 22 sqm offering breath-taking views of Nicosia; there is also a pergola (60sqm) with barbeque station and a bar. The shape of the wooden roof has created a big space, which is now used as storage but it can also be used as a future bedroom, because there is a window and a metal foldable stair. The down section consists of a spacious room (49,5 sqm) which is now used as certified with full licenses beauty salon, it includes a shower, a toilet and an A/C. There is a waiting room with a toilet. Next to it there is a huge space which is used as a kitchen and it is connected with a covered garage (100 sqm) with automatic doors, a boiler room and a big storage space. The entrance has an automatic gate. The house has also pressure pump system. There is grass in the front garden and in the back garden there are many trees and a big wood storage. The property offers the future opportunity of constructing a swimming pool. The property size is 520 sqm and the whole land size is 1897 sqm. Title deeds available.
Reference ID: #17480Price details: 580,000An independent luxury villa in a beautiful, quiet, pine-covered area in the village of Kapedes by the foot of Machairas Mountain. Located just 25 minutes from the center of Nicosia and only 40 minutes from the nearest beach. The house consists of two sections which are connected with interior and exterior stairs. In the upper section there are three bedrooms, 16 sqm each, (two of them have A/C) and a master bedroom, 27 sqm, which also has A/C, a wardrobe, a shower and a toilet. The areas of kitchen and living are open plan and very spacious. The kitchen is modern, handmade with wood touches, fully equipped, with fitted appliances. In the kitchen there is also a fireplace which is connected with the central heating and the outside door is unique also handmade with wood touches. The kitchen is 45 sqm and the living room is 24 sqm. The main bathroom has as Jacuzzi and a toilet and there is one more toilet for guests. The upper section has also an airy, covered veranda of 22 sqm offering breath-taking views of Nicosia; there is also a pergola (60sqm) with barbeque station and a bar. The shape of the wooden roof has created a big space, which is now used as storage but it can also be used as a future bedroom, because there is a window and a metal foldable stair. The down section consists of a spacious room (49,5 sqm) which is now used as certified with full licenses beauty salon, it includes a shower, a toilet and an A/C. There is a waiting room with a toilet. Next to it there is a huge space which is used as a kitchen and it is connected with a covered garage (100 sqm) with automatic doors, a boiler room and a big storage space. The entrance has an automatic gate. The house has also pressure pump system. There is grass in the front garden and in the back garden there are many trees and a big wood storage. The property offers the future opportunity of constructing a swimming pool. The property size is 520 sqm and the whole land size is 1897 sqm. Title deeds available.
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Currency Exchange
5639, 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 €580,000 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 |
|---|---|---|---|
| €580,000 | £480,420 | £498,481 | £18,061 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £480,420 |
| Maximum cost in the last six months | £498,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,061 |
5639, 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 €580,000 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 |
|---|---|---|---|
| €580,000 | £480,420 | £498,481 | £18,061 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £480,420 |
| Maximum cost in the last six months | £498,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,061 |
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 £18,061 more.
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