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House Detached in Latsia, Nicosia
5242, Cyprus
REF: 680693
€710,000
Description
Reference ID: #SA30696Price details: 710,000Detached two-storey house with swimming pool in a popular and an attractive location in Latsia Municipality in Nicosia District. The property is situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, cafes etc. in addition, it enjoys excellent access to the motorway and the neighboring municipalities and communities.The property was constructed around the year 2005 and it is split into basement (at the road level), ground floor (at the upper level) and 1st floor.The ground floor consists of a living/ dining/siting area, a separate kitchen with a siting area, an office and a guest toilet.The first floor consists of four bedrooms [the two are with a shower en-suite], a main bathroom with a toilet and a kitchenette.In addition, there is an attic space that used as a storge area.The basement consists of two covered parking spaces, one bedroom with shower/wc, kitchenette, utility room that used as bedroom with shower/toilet, boiler room, storage room and home cinema room.Outside there is a garden area with trees, covered/ uncovered verandas, swimming pool and barbeque area.It is noted that the house has also a lift.The area of the internal spaces is 320sqm (approx.) and the basement is 175sqm (approx.)The house is vacant and it is consider as ideal choice for private use or for rental.
Reference ID: #SA30696Price details: 710,000Detached two-storey house with swimming pool in a popular and an attractive location in Latsia Municipality in Nicosia District. The property is situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, cafes etc. in addition, it enjoys excellent access to the motorway and the neighboring municipalities and communities.The property was constructed around the year 2005 and it is split into basement (at the road level), ground floor (at the upper level) and 1st floor.The ground floor consists of a living/ dining/siting area, a separate kitchen with a siting area, an office and a guest toilet.The first floor consists of four bedrooms [the two are with a shower en-suite], a main bathroom with a toilet and a kitchenette.In addition, there is an attic space that used as a storge area.The basement consists of two covered parking spaces, one bedroom with shower/wc, kitchenette, utility room that used as bedroom with shower/toilet, boiler room, storage room and home cinema room.Outside there is a garden area with trees, covered/ uncovered verandas, swimming pool and barbeque area.It is noted that the house has also a lift.The area of the internal spaces is 320sqm (approx.) and the basement is 175sqm (approx.)The house is vacant and it is consider as ideal choice for private use or for rental.
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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 €710,000 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 |
|---|---|---|---|
| €710,000 | £588,100 | £610,210 | £22,109 |
| Property Price € | €710,000 |
| Minimum cost in the last six months | £588,100 |
| Maximum cost in the last six months | £610,210 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,109 |
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 €710,000 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 |
|---|---|---|---|
| €710,000 | £588,100 | £610,210 | £22,109 |
| Property Price € | €710,000 |
| Minimum cost in the last six months | £588,100 |
| Maximum cost in the last six months | £610,210 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,109 |
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 £22,109 more.
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