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House, For Sale, Nicosia, Kokkinotrimithia
Kokkinotrimithia, Cyprus
REF: 766841
€470,000
Description
This part complete (c. 15% remaining) three bedroom house with swimming pool is located in Kokkinotrimithia, Nicosia. It is located 1,4km southeast from the Kokkinotrimithia Community, 2,5km southwest of the Kokkinotrimithia Roundabout and Nicosia-Troodos Motorway and 200m south of Grigori Afxentiou Avenue. Kokkinotrimithia village is located approximately 15km west of Nicosia. The house consists of an open plan living/dining room and kitchen, a guest W.C., a laundry room and a boiler room on the ground floor, whereas on the first floor there are three bedrooms one of which is en-suite with a wardrobe and a main bathroom. total area includes a secondary bedroom and bathroom (20 sqm) located behind the parking area. There are two covered parking spaces, provision for floor heating and split units, and double glazed windows. The wider area is mainly developed with residential and commercial units such as houses, empty plots, a petrol station, cafés, mini-markets, shops, a police station etc. The area is quiet but enjoys good accessibility to the town centre and the wider area of Nicosia due to its close proximity to the Nicosia-Troodos Motorway.
This part complete (c. 15% remaining) three bedroom house with swimming pool is located in Kokkinotrimithia, Nicosia. It is located 1,4km southeast from the Kokkinotrimithia Community, 2,5km southwest of the Kokkinotrimithia Roundabout and Nicosia-Troodos Motorway and 200m south of Grigori Afxentiou Avenue. Kokkinotrimithia village is located approximately 15km west of Nicosia. The house consists of an open plan living/dining room and kitchen, a guest W.C., a laundry room and a boiler room on the ground floor, whereas on the first floor there are three bedrooms one of which is en-suite with a wardrobe and a main bathroom. total area includes a secondary bedroom and bathroom (20 sqm) located behind the parking area. There are two covered parking spaces, provision for floor heating and split units, and double glazed windows. The wider area is mainly developed with residential and commercial units such as houses, empty plots, a petrol station, cafés, mini-markets, shops, a police station etc. The area is quiet but enjoys good accessibility to the town centre and the wider area of Nicosia due to its close proximity to the Nicosia-Troodos Motorway.
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Currency Exchange
Kokkinotrimithia, 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 €470,000 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 |
|---|---|---|---|
| €470,000 | £387,233 | £403,942 | £16,709 |
| Property Price € | €470,000 |
| Minimum cost in the last six months | £387,233 |
| Maximum cost in the last six months | £403,942 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,709 |
Kokkinotrimithia, 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 €470,000 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 |
|---|---|---|---|
| €470,000 | £387,233 | £403,942 | £16,709 |
| Property Price € | €470,000 |
| Minimum cost in the last six months | £387,233 |
| Maximum cost in the last six months | £403,942 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,709 |
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 £16,709 more.
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