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This residential complex in Nicosia will be built on more than 6000m2 and will span almost a building block
Acropoli, Nicosia, Cyprus
REF: 757859
€290,000
Description
This residential complex in Nicosia will be built on more than 6000m2 and will span almost a building block.
It is located in a privileged area, which combines tranquillity with direct proximity to the main functions of the city and easy access to parks, schools, hospitals, supermarkets, churches, bakeries and other commercial developments. Makariou Avenue is about a 20-minute walk away.
The complex comprises five apartment buildings on six floors, with penthouses and private roof gardens. The development runs through landscaped spaces with lush greenery.
Each property has increased distances between them to achieve visual escapes and an unobstructed view. Internally, the spaces satisfy modern needs, while special importance was also given to the external spaces, with the creation of large balconies.
Particular attention was also given to the development of greenery, providing privacy and cooling and the possibility of different private vertical gardens in which flowers, shrubs and vegetables could be planted.
Nicosia is a vibrant and fun city with a fascinating history. Many excellent shops, restaurants, cafes, museums, art galleries, historic churches, and much more are within walking distance.
Please get in touch with Elit Blue to arrange a private viewing.
This residential complex in Nicosia will be built on more than 6000m2 and will span almost a building block.
It is located in a privileged area, which combines tranquillity with direct proximity to the main functions of the city and easy access to parks, schools, hospitals, supermarkets, churches, bakeries and other commercial developments. Makariou Avenue is about a 20-minute walk away.
The complex comprises five apartment buildings on six floors, with penthouses and private roof gardens. The development runs through landscaped spaces with lush greenery.
Each property has increased distances between them to achieve visual escapes and an unobstructed view. Internally, the spaces satisfy modern needs, while special importance was also given to the external spaces, with the creation of large balconies.
Particular attention was also given to the development of greenery, providing privacy and cooling and the possibility of different private vertical gardens in which flowers, shrubs and vegetables could be planted.
Nicosia is a vibrant and fun city with a fascinating history. Many excellent shops, restaurants, cafes, museums, art galleries, historic churches, and much more are within walking distance.
Please get in touch with Elit Blue to arrange a private viewing.
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Currency Exchange
Acropoli, Nicosia, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £241,103 | £249,580 | £8,477 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £241,103 |
| Maximum cost in the last six months | £249,580 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,477 |
Acropoli, Nicosia, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £241,103 | £249,580 | £8,477 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £241,103 |
| Maximum cost in the last six months | £249,580 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,477 |
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 £8,477 more.
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