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Villa in Archangelos
5770, Cyprus
REF: 796202
€1,800,000
Description
Located in the Archanagelos suburb, one of the most affluent neighbourhoods in the Cypriot capital and the entirety of the country, these luxury residences combine opulent interiors and meticulous architectural designs with a fantastic location that is simultaneously quaint and central! Nicosia s city centre is very easily accessible, as are Larnaca, Limassol and the Troodos Mountain range due to the proximity of the A9 route and Morphou Avenue. Being one of the most upscale suburban settlements, residents can expect an astronomically high quality of life, excellent neighbourly community and gorgeous surroundings, with the nearby Pediaios River, a riverside tree-lined linear park, the Manglis Lake, and the medieval monastery of Archangelos being only a few minutes away from this project. Starting at 677,000 + VAT Property Features: Country Views Covered Veranda Garden Parking Terrace Uncovered Veranda Close by Destinations Airport 50km Restaurants 3.8km Beach 58km Medical Care 3.5km Shops 4km Property eligibile for: Cyprus Permanent Residency Programme An individual can become eligible for Cyprus Permanent Residency Programme by investing a minimum of 300,000 in Cypriot real estate.
Located in the Archanagelos suburb, one of the most affluent neighbourhoods in the Cypriot capital and the entirety of the country, these luxury residences combine opulent interiors and meticulous architectural designs with a fantastic location that is simultaneously quaint and central! Nicosia s city centre is very easily accessible, as are Larnaca, Limassol and the Troodos Mountain range due to the proximity of the A9 route and Morphou Avenue. Being one of the most upscale suburban settlements, residents can expect an astronomically high quality of life, excellent neighbourly community and gorgeous surroundings, with the nearby Pediaios River, a riverside tree-lined linear park, the Manglis Lake, and the medieval monastery of Archangelos being only a few minutes away from this project. Starting at 677,000 + VAT Property Features: Country Views Covered Veranda Garden Parking Terrace Uncovered Veranda Close by Destinations Airport 50km Restaurants 3.8km Beach 58km Medical Care 3.5km Shops 4km Property eligibile for: Cyprus Permanent Residency Programme An individual can become eligible for Cyprus Permanent Residency Programme by investing a minimum of 300,000 in Cypriot real estate.
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Currency Exchange
5770, 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 €1,800,000 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 |
|---|---|---|---|
| €1,800,000 | £1,497,384 | £1,549,116 | £51,732 |
| Property Price € | €1,800,000 |
| Minimum cost in the last six months | £1,497,384 |
| Maximum cost in the last six months | £1,549,116 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,732 |
5770, 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 €1,800,000 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 |
|---|---|---|---|
| €1,800,000 | £1,497,384 | £1,549,116 | £51,732 |
| Property Price € | €1,800,000 |
| Minimum cost in the last six months | £1,497,384 |
| Maximum cost in the last six months | £1,549,116 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,732 |
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 £51,732 more.
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