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Apartment, For Sale, Nicosia, Pallouriotissa
Demokritou 52, 1036, Pallouriotissa, Cyprus
REF: 788924
€225,000
Description
Location ۢ A brand-new, under-construction 2-bedroom apartment in Pallouriotissa, strategically situated close to FREDERIC UNIVERSITY near various amenities and services. ۢ Within walking distance to a supermarket, public schools, numerous shops, and other essential services. ۢ Convenient access to the city center. External Features ۢ Located in a small, four-storey building with a total of 12 apartments (3 per floor). ۢ The building, currently under construction, promises a modern and impressive exterior upon completion. Internal Characteristics ۢ Apartment 301 on the 3/floor with an internal area of 85sqm and spacious verandas of 22sqm. ۢ Open-plan living room and kitchen, two comfortable bedrooms, the master one with ensuite bathroom and the main full bathroom. ۢ Includes a storage room and a covered parking space on the ground floor. ۢ Energy efficiency certificate A with a thermal fa̤ade outside and thermal insulation-waterproofing on the roof. ۢ Aluminum frames series MU3000 and MU2075 with double-glazed windows. ۢ Solar water heater of 150ltrs with a fully installed water pressure system. *PHOTOVOLTAIC system of 1875kw for the apartment. ۢ Thermal: Provision for Electric heaters in all rooms. ۢ Provisions for A/C in the living/sitting room, kitchen and bedrooms. ۢ Plumbing installation is pipe-in-pipe with pressurized water. Advantages - Special Features ۢ Quality Italian cuisines and Italian cabinets in the bedrooms. ۢ A large, modern 2-bedroom apartment with quality construction in a quiet and privileged location, close to University offering easy access to the city center and proximity to a variety of amenities and services. Ideal for investment due to the proximity to the University and / or for individual
Location ۢ A brand-new, under-construction 2-bedroom apartment in Pallouriotissa, strategically situated close to FREDERIC UNIVERSITY near various amenities and services. ۢ Within walking distance to a supermarket, public schools, numerous shops, and other essential services. ۢ Convenient access to the city center. External Features ۢ Located in a small, four-storey building with a total of 12 apartments (3 per floor). ۢ The building, currently under construction, promises a modern and impressive exterior upon completion. Internal Characteristics ۢ Apartment 301 on the 3/floor with an internal area of 85sqm and spacious verandas of 22sqm. ۢ Open-plan living room and kitchen, two comfortable bedrooms, the master one with ensuite bathroom and the main full bathroom. ۢ Includes a storage room and a covered parking space on the ground floor. ۢ Energy efficiency certificate A with a thermal fa̤ade outside and thermal insulation-waterproofing on the roof. ۢ Aluminum frames series MU3000 and MU2075 with double-glazed windows. ۢ Solar water heater of 150ltrs with a fully installed water pressure system. *PHOTOVOLTAIC system of 1875kw for the apartment. ۢ Thermal: Provision for Electric heaters in all rooms. ۢ Provisions for A/C in the living/sitting room, kitchen and bedrooms. ۢ Plumbing installation is pipe-in-pipe with pressurized water. Advantages - Special Features ۢ Quality Italian cuisines and Italian cabinets in the bedrooms. ۢ A large, modern 2-bedroom apartment with quality construction in a quiet and privileged location, close to University offering easy access to the city center and proximity to a variety of amenities and services. Ideal for investment due to the proximity to the University and / or for individual
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Currency Exchange
Demokritou 52, 1036, Pallouriotissa, 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 €225,000 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 |
|---|---|---|---|
| €225,000 | £186,370 | £193,376 | £7,007 |
| Property Price € | €225,000 |
| Minimum cost in the last six months | £186,370 |
| Maximum cost in the last six months | £193,376 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,007 |
Demokritou 52, 1036, Pallouriotissa, 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 €225,000 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 |
|---|---|---|---|
| €225,000 | £186,370 | £193,376 | £7,007 |
| Property Price € | €225,000 |
| Minimum cost in the last six months | £186,370 |
| Maximum cost in the last six months | £193,376 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,007 |
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 £7,007 more.
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