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Apartment, For Sale, Nicosia, Latsia, Agios Georgios
Latsia, Latsia, Cyprus
REF: 764831
€280,000
Description
Location €¢ The property situated in a very good location in the Agios Georgios quarter CLOSE TO ALL AMENITIES. €¢ Supermarkets, bank, schools, tavernas, restaurants, cafes, pharmacies, bakeries and many other shops / amenities, all within walking distance. €¢ The €œMall of Cyprus€, Superstores and the Nicosia General Hospital are a short drive away. €¢ Easy access to Nicosia city centre and to the highway to all the other cities, ports and airports. External Features €¢ Small building with external looks are both modern and impressive. €¢ The apartment was constructed in 2005 and it is located on the 1st floor (whole floor apartment). Internal Characteristics €¢ The apartment has an internal area of 197sqm and covered verandas of 29sqm. €¢ It consists of a kitchen, laundry room, living room, dining room, guest toilet, three bedrooms, the main one with a separate toilet/shower. €¢ According to the title deed, the apartment has the exclusive right to use of an uncovered parking space on the ground floor. Advantages - Special Features €¢ Large apartment in a high demand COMMERCIAL and residential area. €¢ The property is vacant and it is suitable for private use or for rental with a good return. INVESTMENT OPORTUNITY
Location €¢ The property situated in a very good location in the Agios Georgios quarter CLOSE TO ALL AMENITIES. €¢ Supermarkets, bank, schools, tavernas, restaurants, cafes, pharmacies, bakeries and many other shops / amenities, all within walking distance. €¢ The €œMall of Cyprus€, Superstores and the Nicosia General Hospital are a short drive away. €¢ Easy access to Nicosia city centre and to the highway to all the other cities, ports and airports. External Features €¢ Small building with external looks are both modern and impressive. €¢ The apartment was constructed in 2005 and it is located on the 1st floor (whole floor apartment). Internal Characteristics €¢ The apartment has an internal area of 197sqm and covered verandas of 29sqm. €¢ It consists of a kitchen, laundry room, living room, dining room, guest toilet, three bedrooms, the main one with a separate toilet/shower. €¢ According to the title deed, the apartment has the exclusive right to use of an uncovered parking space on the ground floor. Advantages - Special Features €¢ Large apartment in a high demand COMMERCIAL and residential area. €¢ The property is vacant and it is suitable for private use or for rental with a good return. INVESTMENT OPORTUNITY
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Currency Exchange
Latsia, Latsia, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
Latsia, Latsia, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
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 £8,719 more.
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