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Apartment, For Sale, Nicosia, Nicosia Center, Lykavitos
Nicosia Center, Cyprus
REF: 769759
€485,000
Description
For New Whole floor 3 bedroom luxury apartment in Hilton Hotel area Apartment 401 This exclusive residential development is located in a strictly residential area close to Hilton Hotel, in Nicosia. The building consists of two- and three-bedroom apartments with spacious verandas and enjoys the openness and quietness of the area, and yet with a direct access to main arteries of the city. The building€™s simple and clear form allows for spacious internal spaces for all the apartments that extend into large terraces through large sliding glass screens. Glass balustrades for the balconies enhance the feeling of openness and provide unobstructed views to the surrounding greenery. The careful selection of materials internally and externally add to the contemporary feel of the building. The building is being constructed with the highest quality materials and technical specifications that are required for the demands of contemporary lifestyle. Among others the apartment is equipped with a VRV-hot and cold- covering all areas, independent petrol heating system, an alarm system, solid wood flooring, electric shutters on all bedroom windows.
For New Whole floor 3 bedroom luxury apartment in Hilton Hotel area Apartment 401 This exclusive residential development is located in a strictly residential area close to Hilton Hotel, in Nicosia. The building consists of two- and three-bedroom apartments with spacious verandas and enjoys the openness and quietness of the area, and yet with a direct access to main arteries of the city. The building€™s simple and clear form allows for spacious internal spaces for all the apartments that extend into large terraces through large sliding glass screens. Glass balustrades for the balconies enhance the feeling of openness and provide unobstructed views to the surrounding greenery. The careful selection of materials internally and externally add to the contemporary feel of the building. The building is being constructed with the highest quality materials and technical specifications that are required for the demands of contemporary lifestyle. Among others the apartment is equipped with a VRV-hot and cold- covering all areas, independent petrol heating system, an alarm system, solid wood flooring, electric shutters on all bedroom windows.
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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 €485,000 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 |
|---|---|---|---|
| €485,000 | £399,592 | £416,833 | £17,242 |
| Property Price € | €485,000 |
| Minimum cost in the last six months | £399,592 |
| Maximum cost in the last six months | £416,833 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,242 |
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 €485,000 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 |
|---|---|---|---|
| €485,000 | £399,592 | £416,833 | £17,242 |
| Property Price € | €485,000 |
| Minimum cost in the last six months | £399,592 |
| Maximum cost in the last six months | £416,833 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,242 |
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 £17,242 more.
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