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Apartment, For Sale, Nicosia, Nicosia Center, Lykavitos
Nicosia Center, Cyprus
REF: 764480
€175,000
Description
This apartment is exceptional in every imaginable way. Use to be a 3-bedroom, but it has been transformed into one of the most spacious, luxurious and comfortable 1-bedroom apartments in the city. Since the renovation, this apartment gained a unique modern character combining practicality, space utilization and constant high quality of living. It consists of an equipped kitchen with built-in electrical appliances, a vary spacious en-suite bedroom, a beautiful study room, spacious living-room. Breath-taking views, floor-to-ceiling windows and built-in sound systems are only some of the features that make this apartment so special. On top of those, it is located right in the heart of Nicosia, close to Cyprus Hilton with all amenities just steps away. This is a must-see Apartment!
This apartment is exceptional in every imaginable way. Use to be a 3-bedroom, but it has been transformed into one of the most spacious, luxurious and comfortable 1-bedroom apartments in the city. Since the renovation, this apartment gained a unique modern character combining practicality, space utilization and constant high quality of living. It consists of an equipped kitchen with built-in electrical appliances, a vary spacious en-suite bedroom, a beautiful study room, spacious living-room. Breath-taking views, floor-to-ceiling windows and built-in sound systems are only some of the features that make this apartment so special. On top of those, it is located right in the heart of Nicosia, close to Cyprus Hilton with all amenities just steps away. This is a must-see Apartment!
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Currency Exchange
Nicosia Center, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £144,183 | £150,404 | £6,221 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £144,183 |
| Maximum cost in the last six months | £150,404 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,221 |
Nicosia Center, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £144,183 | £150,404 | £6,221 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £144,183 |
| Maximum cost in the last six months | £150,404 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,221 |
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 £6,221 more.
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