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House, For Sale, Nicosia, Latsia
Latsia, Cyprus
REF: 767002
€2,500,000
Description
This is a dream house, very unique and extremely luxury close to all amenities, situated in a green area in Latsia 5 minutes drive from Nicosia. Approximately 800 sq.m. internal area, the house is built in a plot of 3,900sq.m.and is almost 4 years old in excellent condition. It comprises of spacious and bright living areas, opening up to a huge outdoor space with a swimming pool 6X12, barbeque area, garden with mature trees and 3 maids rooms outside of the house, all with en-suite WC and shower. There is also a bangalow of 130sq.m., suitable for guest room and gym with sauna, jacuzzi and steam bath. The first floor consists of 6 bedrooms, all en-suite and guest WC plus spacious wooden italian kitchen on the ground floor. Parquet flooring in all bedrooms, whereas There is fuel central heating throughout, VRV airconditioning system, alarm, camera system, satelite, double glazed throughout and 5 covered parking spaces. THIS PROPERTY IS SUITABLE FOR INVESTMENT. IT IS CURRENTLY RENTED TO AN INTERNATIONAL TENANT ONA LONG-TERM BASIS AND OFFERS A GOOD RETURN ON INVESMENT.
This is a dream house, very unique and extremely luxury close to all amenities, situated in a green area in Latsia 5 minutes drive from Nicosia. Approximately 800 sq.m. internal area, the house is built in a plot of 3,900sq.m.and is almost 4 years old in excellent condition. It comprises of spacious and bright living areas, opening up to a huge outdoor space with a swimming pool 6X12, barbeque area, garden with mature trees and 3 maids rooms outside of the house, all with en-suite WC and shower. There is also a bangalow of 130sq.m., suitable for guest room and gym with sauna, jacuzzi and steam bath. The first floor consists of 6 bedrooms, all en-suite and guest WC plus spacious wooden italian kitchen on the ground floor. Parquet flooring in all bedrooms, whereas There is fuel central heating throughout, VRV airconditioning system, alarm, camera system, satelite, double glazed throughout and 5 covered parking spaces. THIS PROPERTY IS SUITABLE FOR INVESTMENT. IT IS CURRENTLY RENTED TO AN INTERNATIONAL TENANT ONA LONG-TERM BASIS AND OFFERS A GOOD RETURN ON INVESMENT.
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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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,070,775 | £2,148,625 | £77,850 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,070,775 |
| Maximum cost in the last six months | £2,148,625 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £77,850 |
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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,070,775 | £2,148,625 | £77,850 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,070,775 |
| Maximum cost in the last six months | £2,148,625 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £77,850 |
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 £77,850 more.
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