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Apartment, For Sale, Nicosia, Nicosia Center, Lykavitos
DOIRANIS 21, FLAT.203, 1070-NICOSIA, Nicosia Center, Cyprus
REF: 769370
€180,000
Description
Location · This 2 bedroom apartment is close to Lykavitos Elementary School and Nikodimou Mylona Street, in Nicosia. · Located close to all services and amenities. · Easy access to the city centre and to the highway. External Features · The building is well maintained and was built in 2003. . It is a building of 4 floors with 11 apartments. . The apartment is on the 2nd floor. · Private covered parking for one car and a storage room (2 sq.m). Internal Characteristics · The apartment has internal areas of 85 sq.m and 19 sq.m of veranda. · It consists of a comfortable living/dining room and open plan kitchen. · Two comfortable bedrooms, a guest toilet and a bathroom. Advantages - Special Features · Solar panel for hot water. · Covered Parking Place. · Storage room (2 sq.m)
Location · This 2 bedroom apartment is close to Lykavitos Elementary School and Nikodimou Mylona Street, in Nicosia. · Located close to all services and amenities. · Easy access to the city centre and to the highway. External Features · The building is well maintained and was built in 2003. . It is a building of 4 floors with 11 apartments. . The apartment is on the 2nd floor. · Private covered parking for one car and a storage room (2 sq.m). Internal Characteristics · The apartment has internal areas of 85 sq.m and 19 sq.m of veranda. · It consists of a comfortable living/dining room and open plan kitchen. · Two comfortable bedrooms, a guest toilet and a bathroom. Advantages - Special Features · Solar panel for hot water. · Covered Parking Place. · Storage room (2 sq.m)
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Currency Exchange
DOIRANIS 21, FLAT.203, 1070-NICOSIA, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £149,096 | £154,701 | £5,605 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £149,096 |
| Maximum cost in the last six months | £154,701 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,605 |
DOIRANIS 21, FLAT.203, 1070-NICOSIA, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £149,096 | £154,701 | £5,605 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £149,096 |
| Maximum cost in the last six months | £154,701 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,605 |
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 £5,605 more.
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