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Apartment, For Sale, Nicosia, Nicosia Center, Lykavitos
Nicosia Center, Cyprus
REF: 767828
€750,000
Description
A luxury 3 bedroom modern apartment for in central Nicosia in a dead end quiet road close to the Hilton Hotel. It is a two level apartment with on the down floor a large airy bright living room opening to a large covered veranda with blinds. There is an open plan kitchen with all top class electrical appliances with a small room with a humidor with the ideal temperature of wine bottles to be stored. To add on the down floor of the apartment the master bedroom is placed which is ensuite with a double shower and a guest separate wc close to the kitchen. It includes a central petrol heating and fully air conditioned On the top floor there is another large living room with a large uncovered veranda with a barbecue place and a fantastic view. There is a perspective for an extra bedroom because of the design of the space. The two other bedrooms on the top floor are served with a large bathroom and a small kitchen. 240 sq.m interior spaces esoteriki, 70 sq.m veranda and a 30 sq.m uncovered veranda with two covered parking spaces a storage room. The price is 750000 negotiable.
A luxury 3 bedroom modern apartment for in central Nicosia in a dead end quiet road close to the Hilton Hotel. It is a two level apartment with on the down floor a large airy bright living room opening to a large covered veranda with blinds. There is an open plan kitchen with all top class electrical appliances with a small room with a humidor with the ideal temperature of wine bottles to be stored. To add on the down floor of the apartment the master bedroom is placed which is ensuite with a double shower and a guest separate wc close to the kitchen. It includes a central petrol heating and fully air conditioned On the top floor there is another large living room with a large uncovered veranda with a barbecue place and a fantastic view. There is a perspective for an extra bedroom because of the design of the space. The two other bedrooms on the top floor are served with a large bathroom and a small kitchen. 240 sq.m interior spaces esoteriki, 70 sq.m veranda and a 30 sq.m uncovered veranda with two covered parking spaces a storage room. The price is 750000 negotiable.
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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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 £23,355 more.
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