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House, For Sale, Nicosia, Latsia
Latsia, Cyprus
REF: 766440
€550,000
Description
Bungalow house attached with green area, just outside of Nicosia center near the Mall of Nicosia at the National Athalassas forest park. The area has great potentials and new developments has started to build luxury houses in the area. It is a one level home, a bungalow with a big yard that you can easily have many animals or birds, like dogs, horses, pigs, ducks etc as pets. The house offers a large land with fence and can be extended if its necessary with other plot of land available for attached to it. The house is structured with double walls and with polystyrene between them and weather insulation in the terrace which is also covered with a big roof attic that cover the whole house space (220m2) and it is for storage now but can be upgraded to a room. It has no central heating installed (only provision) but the owner said that was never necessary because of the double walls. it has airconditions everywhere. Beside the large kitchen there is also a laundry room. That house has smoke detector for the fireplace and also has a water well with a lot of water. Please call me or email me to arrange viewing.
Bungalow house attached with green area, just outside of Nicosia center near the Mall of Nicosia at the National Athalassas forest park. The area has great potentials and new developments has started to build luxury houses in the area. It is a one level home, a bungalow with a big yard that you can easily have many animals or birds, like dogs, horses, pigs, ducks etc as pets. The house offers a large land with fence and can be extended if its necessary with other plot of land available for attached to it. The house is structured with double walls and with polystyrene between them and weather insulation in the terrace which is also covered with a big roof attic that cover the whole house space (220m2) and it is for storage now but can be upgraded to a room. It has no central heating installed (only provision) but the owner said that was never necessary because of the double walls. it has airconditions everywhere. Beside the large kitchen there is also a laundry room. That house has smoke detector for the fireplace and also has a water well with a lot of water. Please call me or email me to arrange viewing.
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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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £472,698 | £19,553 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,553 |
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £472,698 | £19,553 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,553 |
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 £19,553 more.
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