House, For Sale, Nicosia, Strovolos, Archangelos

Strovolos, Cyprus

For Sale

€650,000

REF: 767040 €650,000


3

Description

Three bedroom detached house for in Archangelos, Nicosia. The house was built in 2008 and measures about 270sqm internal area and 170 sq.m. basement on a plot of about 570sqm. It's close to public school, park, various shops, coffee shops, with easy access to motorway and about ten minutes drive to Nicosia city center.

Main features include: air conditioning units, central heating, fire place, fully equipped kitchen, three bedrooms, master bedroom en-suite, office en-suite, guest toilet, storage room, laundry/utility room, wooden floor, private parking spaces, solar water system and basement which can be used as maid's room. Title Deeds available. Price negotiable.
Three bedroom detached house for in Archangelos, Nicosia. The house was built in 2008 and measures about 270sqm internal area and 170 sq.m. basement on a plot of about 570sqm. It's close to public school, park, various shops, coffee shops, with easy access to motorway and about ten minutes drive to Nicosia city center.

Main features include: air conditioning units, central heating, fire place, fully equipped kitchen, three bedrooms, master bedroom en-suite, office en-suite, guest toilet, storage room, laundry/utility room, wooden floor, private parking spaces, solar water system and basement which can be used as maid's room. Title Deeds available. Price negotiable.
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Property on Map

#7675

Currency Exchange

Strovolos, 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 €650,000 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
€650,000 £535,535 £558,643 £23,108
Property Price € €650,000
Minimum cost in the last six months £535,535
Maximum cost in the last six months £558,643
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,108

Strovolos, 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 €650,000 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
€650,000 £535,535 £558,643 £23,108
Property Price € €650,000
Minimum cost in the last six months £535,535
Maximum cost in the last six months £558,643
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,108

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 £23,108 more.

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