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Apartment, For Sale, Nicosia, Nicosia Center, Lykavitos
Nicosia Center, Cyprus
REF: 767062
€480,000
Description
DUPLEX APARTMENT (2 levels with 3 Bedrooms) on the peak of Lykavitos Hill opposite ex-Hilton Hotel (The Landmark Hotel) €¢ Located at a quiet cul de sac road in a bypass of Makarios Avenue on the peak of Lykavitos Hill, 150 meters from The Landmark Hotel.€¢ Ideal for investment - Can gain high yield on al returns. €¢ Both levels are on the Ground floor due to the hill altitude difference and it feels like a separated corner house €¢ 194 sq.m net covered area + 300 sm outside area (garden and verandas) €¢ Spacious living room with a fireplace, cinema facilities (120 inches projector screen and surround system) €¢ Extra living room €¢ Dining room €¢ Kitchen fully equipped including a double door refrigerator and a bar €¢ 3 en suite bedrooms. Master bedroom on the upper level and 2 bedrooms on the lower level €¢ Additional spacious room on the lower level used as a playroom, or may be used as a guestroom or housekeeper room, and includes a small kitchen and a refrigerator €¢ Guest toilet €¢ Laundry room including washing machine, a dryer, and an extra sink €¢ 2 parking places. One covered on the lower level with a direct entrance to the apartment the other on the upper level €¢ 3 covered verandas, two on the upper level and one on the lower level €¢ 2 uncovered verandas on the upper level €¢ Large garden on the lower level €¢ 2 external storerooms (one on each level) €¢ All windows and doors are double glazing €¢ Oak wood is used in the apartment €¢ Central heating €¢ Extra cooling and heating system VRV technology (Mitsubishi Industries) €¢ Fans in many spaces €¢ Title deed ready for transfer €¢ Ideal for families looking for a spacious house in the city center €¢ The apartment can be ed for investment with a good yield €¢ Owner flexible to discuss the of furniture and of all equipmentFor more information or to arrange a viewing please contact me anytime.
DUPLEX APARTMENT (2 levels with 3 Bedrooms) on the peak of Lykavitos Hill opposite ex-Hilton Hotel (The Landmark Hotel) €¢ Located at a quiet cul de sac road in a bypass of Makarios Avenue on the peak of Lykavitos Hill, 150 meters from The Landmark Hotel.€¢ Ideal for investment - Can gain high yield on al returns. €¢ Both levels are on the Ground floor due to the hill altitude difference and it feels like a separated corner house €¢ 194 sq.m net covered area + 300 sm outside area (garden and verandas) €¢ Spacious living room with a fireplace, cinema facilities (120 inches projector screen and surround system) €¢ Extra living room €¢ Dining room €¢ Kitchen fully equipped including a double door refrigerator and a bar €¢ 3 en suite bedrooms. Master bedroom on the upper level and 2 bedrooms on the lower level €¢ Additional spacious room on the lower level used as a playroom, or may be used as a guestroom or housekeeper room, and includes a small kitchen and a refrigerator €¢ Guest toilet €¢ Laundry room including washing machine, a dryer, and an extra sink €¢ 2 parking places. One covered on the lower level with a direct entrance to the apartment the other on the upper level €¢ 3 covered verandas, two on the upper level and one on the lower level €¢ 2 uncovered verandas on the upper level €¢ Large garden on the lower level €¢ 2 external storerooms (one on each level) €¢ All windows and doors are double glazing €¢ Oak wood is used in the apartment €¢ Central heating €¢ Extra cooling and heating system VRV technology (Mitsubishi Industries) €¢ Fans in many spaces €¢ Title deed ready for transfer €¢ Ideal for families looking for a spacious house in the city center €¢ The apartment can be ed for investment with a good yield €¢ Owner flexible to discuss the of furniture and of all equipmentFor more information or to arrange a viewing please contact me anytime.
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Property on Map
Currency Exchange
Nicosia Center, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £395,472 | £412,536 | £17,064 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £395,472 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,064 |
Nicosia Center, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £395,472 | £412,536 | £17,064 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £395,472 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,064 |
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 £17,064 more.
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