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Apartment, For Sale, Nicosia, Lakatameia
thessalias 3, Lakatameia, Cyprus
REF: 821563
€350,000
Description
Location: - Situated in a desirable area in Lakatamia, close to amenities such as schools, cafes, supermarkets, and shops, providing convenience for residents. External Features: - The building is in good condition, ensuring a well-maintained and appealing exterior. Internal Characteristics: - Spanning two floors (first and second), offering a total of 315 square meters of living space. - Includes 17 square meters of covered verandas, providing outdoor space for relaxation. - Consists of a spacious living room and a large kitchen, offering ample room for gatherings and activities. - Features two bathrooms, one WC, six comfortable bedrooms, and an office room, catering to the needs of a larger household. Advantages Special Features: - Utilizes a solar heater for hot water, promoting energy efficiency and reducing utility costs. - Equipped with air conditioning units for climate control, ensuring comfort throughout the year. - Includes a parking seat, providing convenience and security for residents' vehicles. - Underground space where work has begun to make an apartment
Location: - Situated in a desirable area in Lakatamia, close to amenities such as schools, cafes, supermarkets, and shops, providing convenience for residents. External Features: - The building is in good condition, ensuring a well-maintained and appealing exterior. Internal Characteristics: - Spanning two floors (first and second), offering a total of 315 square meters of living space. - Includes 17 square meters of covered verandas, providing outdoor space for relaxation. - Consists of a spacious living room and a large kitchen, offering ample room for gatherings and activities. - Features two bathrooms, one WC, six comfortable bedrooms, and an office room, catering to the needs of a larger household. Advantages Special Features: - Utilizes a solar heater for hot water, promoting energy efficiency and reducing utility costs. - Equipped with air conditioning units for climate control, ensuring comfort throughout the year. - Includes a parking seat, providing convenience and security for residents' vehicles. - Underground space where work has begun to make an apartment
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Currency Exchange
thessalias 3, Lakatameia, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
thessalias 3, Lakatameia, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
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 £12,443 more.
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