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Apartment, For Sale, Nicosia, Egkomi
Egkomi, Cyprus
REF: 771301
€390,000
Description
Location · This luxury 2-bedroom apartment is in Engomi, near the US Russian Embassies. · Within a few minutes to all services in Engomi Nicosia Centre. · Easy access to all areas of Nicosia and major highways. External Features · The energy efficiency A building is located on a quiet street. · It is a top-quality building of 4 floors with only 11 apartments. · The building is now starting to be constructed and will be ready at beginning of 2024. · Covered parking space and storage room. · Provision for electric charging station for every parking position. · Installation of automatic watering for the building garden. Internal Characteristics · The apartment is situated on the top fourth floor with internal area of 81sqm, and verandas of 71sqm (29sqm covered verandas + 42sqm roof garden). · It consists of a comfortable living/dining room and open plan kitchen. · Two spacious bedrooms and a full bathroom. · There will be suspended ceiling out of plasterboard in the kitchen and bathroom. Advantages - Special Features · Installed photovoltaic panels. · Installed under floor heating (heat pump) · Installed A/C units. · Installed solar heater for hot water. · Installed water pressure system. · Triple Glazing. Internally the glass will be clear, while the exterior will be shaded. · All the exterior openings will have thermal break energy efficient aluminium frames. · Granite kitchen worktop. · Soft close kitchen mechanisms. · Excellent quality ceramics and sanitary ware. · Wood Parquet matching skirting will be placed in the bedroom. · CCTV cameras in parking ground floor.
Location · This luxury 2-bedroom apartment is in Engomi, near the US Russian Embassies. · Within a few minutes to all services in Engomi Nicosia Centre. · Easy access to all areas of Nicosia and major highways. External Features · The energy efficiency A building is located on a quiet street. · It is a top-quality building of 4 floors with only 11 apartments. · The building is now starting to be constructed and will be ready at beginning of 2024. · Covered parking space and storage room. · Provision for electric charging station for every parking position. · Installation of automatic watering for the building garden. Internal Characteristics · The apartment is situated on the top fourth floor with internal area of 81sqm, and verandas of 71sqm (29sqm covered verandas + 42sqm roof garden). · It consists of a comfortable living/dining room and open plan kitchen. · Two spacious bedrooms and a full bathroom. · There will be suspended ceiling out of plasterboard in the kitchen and bathroom. Advantages - Special Features · Installed photovoltaic panels. · Installed under floor heating (heat pump) · Installed A/C units. · Installed solar heater for hot water. · Installed water pressure system. · Triple Glazing. Internally the glass will be clear, while the exterior will be shaded. · All the exterior openings will have thermal break energy efficient aluminium frames. · Granite kitchen worktop. · Soft close kitchen mechanisms. · Excellent quality ceramics and sanitary ware. · Wood Parquet matching skirting will be placed in the bedroom. · CCTV cameras in parking ground floor.
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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 €390,000 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 |
|---|---|---|---|
| €390,000 | £321,321 | £335,186 | £13,865 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £321,321 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,865 |
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 €390,000 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 |
|---|---|---|---|
| €390,000 | £321,321 | £335,186 | £13,865 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £321,321 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,865 |
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 £13,865 more.
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