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Apartment, For Sale, Nicosia, Latsia
Latsia, Cyprus
REF: 766032
€172,000
Description
Location €¢ This 2-bedroom apartment is on a quiet street in Latsia, close to all services, supermarkets, restaurants, shops, the Mall of Cyprus, and IKEA. €¢ Beautiful residential areas with easy access towards the city centre and the Nicosia Limassol highway. External Features €¢ It is a small building of 2 floors with only 8 apartments (four per floor). €¢ The building is under construction to be finished by the end of 2024. €¢ Private covered parking space and storage room. Internal Characteristics €¢ The apartment (102) is situated on the first floor with internal area of 76sqm, and covered verandas of 12.5sqm. €¢ It consists of a comfortable living/dining room and open plan kitchen. €¢ Two comfortable bedrooms with the main en-suite, and a main full bathroom. Advantages and Special Features €¢ Energy efficiency class A building. €¢ Installed photovoltaic system. €¢ Solar heater for hot water. €¢ Double glazed, energy-efficient aluminum windows. €¢ Excellent quality ceramics and sanitary ware. €¢ Granite top on kitchen counters. €¢ Security entrance door and videophone.
Location €¢ This 2-bedroom apartment is on a quiet street in Latsia, close to all services, supermarkets, restaurants, shops, the Mall of Cyprus, and IKEA. €¢ Beautiful residential areas with easy access towards the city centre and the Nicosia Limassol highway. External Features €¢ It is a small building of 2 floors with only 8 apartments (four per floor). €¢ The building is under construction to be finished by the end of 2024. €¢ Private covered parking space and storage room. Internal Characteristics €¢ The apartment (102) is situated on the first floor with internal area of 76sqm, and covered verandas of 12.5sqm. €¢ It consists of a comfortable living/dining room and open plan kitchen. €¢ Two comfortable bedrooms with the main en-suite, and a main full bathroom. Advantages and Special Features €¢ Energy efficiency class A building. €¢ Installed photovoltaic system. €¢ Solar heater for hot water. €¢ Double glazed, energy-efficient aluminum windows. €¢ Excellent quality ceramics and sanitary ware. €¢ Granite top on kitchen counters. €¢ Security entrance door and videophone.
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Currency Exchange
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 €172,000 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 |
|---|---|---|---|
| €172,000 | £143,230 | £148,360 | £5,131 |
| Property Price € | €172,000 |
| Minimum cost in the last six months | £143,230 |
| Maximum cost in the last six months | £148,360 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,131 |
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 €172,000 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 |
|---|---|---|---|
| €172,000 | £143,230 | £148,360 | £5,131 |
| Property Price € | €172,000 |
| Minimum cost in the last six months | £143,230 |
| Maximum cost in the last six months | £148,360 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,131 |
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 £5,131 more.
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