Apartment in Nicosia

5705, Cyprus

For Sale

€1,056,000

REF: 796315 €1,056,000


2

2

125 m2

Description

Experience the city of Nicosia and the entire island of Cyprus like never before! Those lucky enough to stay at these luxury apartments in Cyprus tallest skyscraper can see it all: the entirety of the modern city of Nicosia, the medieval town enclosed within the Venetian walls, the Mesaoria plain, the Troodos mountain range, the five fingered Pentadactylos mountains, as well as the sea shore in the western town of Morphou! To say that these apartments are luxurious is an understatement.

Apart from the immensely opulent interiors and dreamy views, residents can enjoy an excellent location right in the heart of the island s largest city, with all amenities one might need only a few minutes away! Property Features: Communal Gym Communal Pool Country Views Parking 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 New Build Real Estate, Cypriot real estate.

Nicosia, the capital city of Cyprus, offers a multitude of compelling reasons to consider buying property in this vibrant and historic city. Here are some key factors that make Nicosia an appealing destination for real estate investment: Strategic Location: Nicosia's central location in the heart of Cyprus makes it a strategic hub for business, trade, and tourism.

Its proximity to major airports, seaports, and transportation networks ensures excellent connectivity within the island and beyond. Cultural Heritage: Nicosia is steeped in rich cultural heritage, boasting a captivating blend of ancient history and modern charm. The city is home to numerous archaeological sites, museums, and historical landmarks, providing residents with a unique and immersive cultural experience.

Thriving Economy: Cyprus has a robust and resilient economy, and Nicosia serves as a major economic center. The city's strong financial services sector, thriving business environment, and favorable tax incentives make it an attractive destination for entrepreneurs and investors. Quality of Life: Nicosia offers an excellent quality of life, combining a relaxed Mediterranean lifestyle with modern amenities.

Residents can enjoy a pleasant climate, delicious cuisine, vibrant nightlife, and a range of recreational activities, including beautiful parks, golf courses, and sports facilities. Educational Opportunities: Nicosia is home to renowned universities, making it an ideal destination for students and families seeking excellent educational opportunities.

The city offers a diverse range of educational institutions, from international schools to prestigious universities, ensuring access to high-quality education. Real Estate Investment Potential: Nicosia's real estate market presents a promising investment landscape. The city offers a wide range of properties, including apartments, houses, and commercial spaces, catering to various budgets and preferences.

Over the years, property values have shown stability and consistent growth, making it an attractive choice for investors. Infrastructure and Development: Nicosia continues to witness significant infrastructure development, with ongoing projects aimed at improving transportation, public spaces, and urban planning. This focus on modernization ensures a well-connected and well-developed city that enhances the overall quality of life for residents.
Experience the city of Nicosia and the entire island of Cyprus like never before! Those lucky enough to stay at these luxury apartments in Cyprus tallest skyscraper can see it all: the entirety of the modern city of Nicosia, the medieval town enclosed within the Venetian walls, the Mesaoria plain, the Troodos mountain range, the five fingered Pentadactylos mountains, as well as the sea shore in the western town of Morphou! To say that these apartments are luxurious is an understatement.

Apart from the immensely opulent interiors and dreamy views, residents can enjoy an excellent location right in the heart of the island s largest city, with all amenities one might need only a few minutes away! Property Features: Communal Gym Communal Pool Country Views Parking 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 New Build Real Estate, Cypriot real estate.

Nicosia, the capital city of Cyprus, offers a multitude of compelling reasons to consider buying property in this vibrant and historic city. Here are some key factors that make Nicosia an appealing destination for real estate investment: Strategic Location: Nicosia's central location in the heart of Cyprus makes it a strategic hub for business, trade, and tourism.

Its proximity to major airports, seaports, and transportation networks ensures excellent connectivity within the island and beyond. Cultural Heritage: Nicosia is steeped in rich cultural heritage, boasting a captivating blend of ancient history and modern charm. The city is home to numerous archaeological sites, museums, and historical landmarks, providing residents with a unique and immersive cultural experience.

Thriving Economy: Cyprus has a robust and resilient economy, and Nicosia serves as a major economic center. The city's strong financial services sector, thriving business environment, and favorable tax incentives make it an attractive destination for entrepreneurs and investors. Quality of Life: Nicosia offers an excellent quality of life, combining a relaxed Mediterranean lifestyle with modern amenities.

Residents can enjoy a pleasant climate, delicious cuisine, vibrant nightlife, and a range of recreational activities, including beautiful parks, golf courses, and sports facilities. Educational Opportunities: Nicosia is home to renowned universities, making it an ideal destination for students and families seeking excellent educational opportunities.

The city offers a diverse range of educational institutions, from international schools to prestigious universities, ensuring access to high-quality education. Real Estate Investment Potential: Nicosia's real estate market presents a promising investment landscape. The city offers a wide range of properties, including apartments, houses, and commercial spaces, catering to various budgets and preferences.

Over the years, property values have shown stability and consistent growth, making it an attractive choice for investors. Infrastructure and Development: Nicosia continues to witness significant infrastructure development, with ongoing projects aimed at improving transportation, public spaces, and urban planning. This focus on modernization ensures a well-connected and well-developed city that enhances the overall quality of life for residents.
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Property on Map

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Currency Exchange

5705, 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 €1,056,000 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
€1,056,000 £878,465 £908,815 £30,349
Property Price € €1,056,000
Minimum cost in the last six months £878,465
Maximum cost in the last six months £908,815
Fluctuating exchange rates over the last six months could have increased the cost of this property by £30,349

5705, 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 €1,056,000 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
€1,056,000 £878,465 £908,815 £30,349
Property Price € €1,056,000
Minimum cost in the last six months £878,465
Maximum cost in the last six months £908,815
Fluctuating exchange rates over the last six months could have increased the cost of this property by £30,349

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 £30,349 more.

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