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Apartment Penthouse in Acropoli, Nicosia
5708, Cyprus
REF: 680683
€625,000
Description
Reference ID: #SA30726Price details: 625,000 +VATProject is located in a quiet residential area in the heart of Nicosia, in close vicinity to range of amenities including some of the top private primary and senior English language schools in the area, restaurants, coffee shops, leading private medical clinics and hospitals, supermarkets and banks. The project is located at the centre of what is a convenient, easy to access road network leading into and out of Nicosia, making this an location for young professionals, students and families. Project is comprised of 3 gated five-storey residential buildings, each building consisting of nine apartments.The first four floors of Blocks A and C consist of 2 two-bedroom flats per floor, and 1 three-bedroom apartment on the fifth floors. The first four floors of Block B will consist of 1 two-bedroom apartment and 1 three-bedroom apartment per floor, and a three-bedroom apartment on the fifth floor.There are two 3-bedroom penthouse apartments available for sale.Covered area 174-179 sq.mUncovered area 96-109 sq.m.PLUS V.A.T
Reference ID: #SA30726Price details: 625,000 +VATProject is located in a quiet residential area in the heart of Nicosia, in close vicinity to range of amenities including some of the top private primary and senior English language schools in the area, restaurants, coffee shops, leading private medical clinics and hospitals, supermarkets and banks. The project is located at the centre of what is a convenient, easy to access road network leading into and out of Nicosia, making this an location for young professionals, students and families. Project is comprised of 3 gated five-storey residential buildings, each building consisting of nine apartments.The first four floors of Blocks A and C consist of 2 two-bedroom flats per floor, and 1 three-bedroom apartment on the fifth floors. The first four floors of Block B will consist of 1 two-bedroom apartment and 1 three-bedroom apartment per floor, and a three-bedroom apartment on the fifth floor.There are two 3-bedroom penthouse apartments available for sale.Covered area 174-179 sq.mUncovered area 96-109 sq.m.PLUS V.A.T
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Currency Exchange
5708, 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 €625,000 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 |
|---|---|---|---|
| €625,000 | £517,694 | £537,156 | £19,463 |
| Property Price € | €625,000 |
| Minimum cost in the last six months | £517,694 |
| Maximum cost in the last six months | £537,156 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,463 |
5708, 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 €625,000 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 |
|---|---|---|---|
| €625,000 | £517,694 | £537,156 | £19,463 |
| Property Price € | €625,000 |
| Minimum cost in the last six months | £517,694 |
| Maximum cost in the last six months | £537,156 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,463 |
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 £19,463 more.
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