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Apartment, For Sale, Nicosia, Walled Old City
Walled Old City, Cyprus
REF: 770867
€2,600,000
Description
At the centre of Nicosia facing the medieval walls and the moat that enclose the old part of the city, White Walls rises 17th floors above ground. The 10.000- square metres building is one of a kind building which is awarded as a European winner in 2016 by the Counsil on Tall buidings and Urban Habitat. This multi-storey building is composed of three basements where the parking spaces and the store-rooms are located and 16 floors with a shop at the ground floor, 6 floor offices and 9 apartment floors of which the penthouse is a duplex apartment. The 67 meter high building is the culminating landmark of the city. This whole floor flat, is located on one of the top floors of the building with magnificent views of the city. This exceptional living environment of the flat is working like a natural €œbrise soleil€. The plants act as a natural sun control shielding the apartment from direct sun during summer while admitting a maximum of sunlight in winter. 400 years old olive trees continue this vertical landscape on the perimeter of the building. It creates the link to the adjacent urban park and gets a part of the scenery of the city. The apartments and office feature indoor/outdoor loggias that extend the living space outside to take maximum advantage of Nicosia€™s temperate climate. The building pushes the integration of landscape and tower architecture to a new level and offer Nicosia a new architectural icon that symbolizes the city€™s future. Words are pure to describe further this excellent home residential flat and life status that offers to the maximum. Note that this flat has a huge demand from high standards tenants. Please contact me for further information or to arrange a visit.
At the centre of Nicosia facing the medieval walls and the moat that enclose the old part of the city, White Walls rises 17th floors above ground. The 10.000- square metres building is one of a kind building which is awarded as a European winner in 2016 by the Counsil on Tall buidings and Urban Habitat. This multi-storey building is composed of three basements where the parking spaces and the store-rooms are located and 16 floors with a shop at the ground floor, 6 floor offices and 9 apartment floors of which the penthouse is a duplex apartment. The 67 meter high building is the culminating landmark of the city. This whole floor flat, is located on one of the top floors of the building with magnificent views of the city. This exceptional living environment of the flat is working like a natural €œbrise soleil€. The plants act as a natural sun control shielding the apartment from direct sun during summer while admitting a maximum of sunlight in winter. 400 years old olive trees continue this vertical landscape on the perimeter of the building. It creates the link to the adjacent urban park and gets a part of the scenery of the city. The apartments and office feature indoor/outdoor loggias that extend the living space outside to take maximum advantage of Nicosia€™s temperate climate. The building pushes the integration of landscape and tower architecture to a new level and offer Nicosia a new architectural icon that symbolizes the city€™s future. Words are pure to describe further this excellent home residential flat and life status that offers to the maximum. Note that this flat has a huge demand from high standards tenants. Please contact me for further information or to arrange a visit.
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Currency Exchange
Walled Old City, 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 €2,600,000 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 |
|---|---|---|---|
| €2,600,000 | £2,142,140 | £2,234,570 | £92,430 |
| Property Price € | €2,600,000 |
| Minimum cost in the last six months | £2,142,140 |
| Maximum cost in the last six months | £2,234,570 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £92,430 |
Walled Old City, 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 €2,600,000 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 |
|---|---|---|---|
| €2,600,000 | £2,142,140 | £2,234,570 | £92,430 |
| Property Price € | €2,600,000 |
| Minimum cost in the last six months | £2,142,140 |
| Maximum cost in the last six months | £2,234,570 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £92,430 |
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 £92,430 more.
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