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Apartment, For Sale, Nicosia, Egkomi
Egkomi, Cyprus
REF: 769879
€488,000
Description
New luxury 3 + 1 bedroom ground floor with 70 m2 garden in Engomi. Residence 001 Developed in the most exclusive residential area of Engomi, Nicosia, near Hilton Park Hotel, this luxury residential development consists of seven residences of 3 4 bedrooms. The building enjoys the openness and quietness of the area, and is located on the hill of Montparnasse. The sense of intimacy, elegance and luxury is reflected on the design and architecture of the building. This is further reflected in every residence by the aesthetically simple and clear internal spaces. Large sliding doors leading to spacious terraces with glass balustrades provide the unity of interior and outdoor spaces, with unlimited views of the surrounding greenery.The residences enjoy the privacy and individual character of a house with the security, open interiors and aspect associated with luxury living. The high - quality workmanship, careful selection of materials and specifications in the building, are associated with the contemporary feel of the development and provide for the highest demands of everyday living. The building has a unique architectural design with contemporary architectural elements characterizing the facade of the building. Internally the building's form offers spacious living spaces with large sliding doors leading to large terraces for all the residences. Quality of Construction The highest standards of construction and finishes are carried through to all the stages of the construction. Qualified and experienced architects, engineers, contractors carry out regular inspections for the guarantee of the best quality. The building has an Energy Performance Certificate Category A. €¢ Complete installation of petrol Heating System will be carried out for all the residences. €¢ All the necessary work will be carried out for the installation of A/C units. The A/C in the living/ dining/ kitchen area will be provided in false ceilings . €¢ Also complete installation of solar heaters will be provided. €¢ All the necessary work will be carried out for the installation of a security system in each residence.
New luxury 3 + 1 bedroom ground floor with 70 m2 garden in Engomi. Residence 001 Developed in the most exclusive residential area of Engomi, Nicosia, near Hilton Park Hotel, this luxury residential development consists of seven residences of 3 4 bedrooms. The building enjoys the openness and quietness of the area, and is located on the hill of Montparnasse. The sense of intimacy, elegance and luxury is reflected on the design and architecture of the building. This is further reflected in every residence by the aesthetically simple and clear internal spaces. Large sliding doors leading to spacious terraces with glass balustrades provide the unity of interior and outdoor spaces, with unlimited views of the surrounding greenery.The residences enjoy the privacy and individual character of a house with the security, open interiors and aspect associated with luxury living. The high - quality workmanship, careful selection of materials and specifications in the building, are associated with the contemporary feel of the development and provide for the highest demands of everyday living. The building has a unique architectural design with contemporary architectural elements characterizing the facade of the building. Internally the building's form offers spacious living spaces with large sliding doors leading to large terraces for all the residences. Quality of Construction The highest standards of construction and finishes are carried through to all the stages of the construction. Qualified and experienced architects, engineers, contractors carry out regular inspections for the guarantee of the best quality. The building has an Energy Performance Certificate Category A. €¢ Complete installation of petrol Heating System will be carried out for all the residences. €¢ All the necessary work will be carried out for the installation of A/C units. The A/C in the living/ dining/ kitchen area will be provided in false ceilings . €¢ Also complete installation of solar heaters will be provided. €¢ All the necessary work will be carried out for the installation of a security system in each residence.
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Currency Exchange
Egkomi, 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 €488,000 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 |
|---|---|---|---|
| €488,000 | £404,215 | £419,412 | £15,196 |
| Property Price € | €488,000 |
| Minimum cost in the last six months | £404,215 |
| Maximum cost in the last six months | £419,412 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,196 |
Egkomi, 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 €488,000 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 |
|---|---|---|---|
| €488,000 | £404,215 | £419,412 | £15,196 |
| Property Price € | €488,000 |
| Minimum cost in the last six months | £404,215 |
| Maximum cost in the last six months | £419,412 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,196 |
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 £15,196 more.
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