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Apartment, For Sale, Nicosia, Nicosia Center, Agioi Omologites
Chytron 3-22, Nicosia 1075, Cyprus, Nicosia Center, Cyprus
REF: 844700
€220,000
Description
Location - This outstanding apartment is located off Kennedy Avenue, just steps away from the center of the city and to all necessary amenities. - Despite the central location, the apartment is peaceful and enjoys full privacy. External Features - The property is on the 2nd floor of a very well-constructed and very well-presented mixed-use building, erected by a renowned developer.in 1987. Internal Characteristics - The apartment adds up to 112sqm of internal areas, as it used to be a 3-bedroom apartment. - During the major renovation of 2007, the property was turned into a very spacious 2-bedroom apartment, but it can be easily turned back to its original layout. - It consists of a spacious living room with a dining area and additional sitting lounge, a magnificent main balcony surrounded by trees, an open plan and fully equipped kitchen that features access to a secondary balcony, the master bedroom which is en-suite with a shower and WC, the second very well sized bedroom, and the main bathroom. Advantages - Special Features - A/C split units in all areas. - Storage heaters in all areas. - Wooden floors. - Double-glazed windows to minimize energy loss. - Good quality electrical appliances and furniture that can be included. - TOP Location.
Location - This outstanding apartment is located off Kennedy Avenue, just steps away from the center of the city and to all necessary amenities. - Despite the central location, the apartment is peaceful and enjoys full privacy. External Features - The property is on the 2nd floor of a very well-constructed and very well-presented mixed-use building, erected by a renowned developer.in 1987. Internal Characteristics - The apartment adds up to 112sqm of internal areas, as it used to be a 3-bedroom apartment. - During the major renovation of 2007, the property was turned into a very spacious 2-bedroom apartment, but it can be easily turned back to its original layout. - It consists of a spacious living room with a dining area and additional sitting lounge, a magnificent main balcony surrounded by trees, an open plan and fully equipped kitchen that features access to a secondary balcony, the master bedroom which is en-suite with a shower and WC, the second very well sized bedroom, and the main bathroom. Advantages - Special Features - A/C split units in all areas. - Storage heaters in all areas. - Wooden floors. - Double-glazed windows to minimize energy loss. - Good quality electrical appliances and furniture that can be included. - TOP Location.
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Currency Exchange
Chytron 3-22, Nicosia 1075, Cyprus, Nicosia Center, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £181,258 | £189,079 | £7,821 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £181,258 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,821 |
Chytron 3-22, Nicosia 1075, Cyprus, Nicosia Center, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £181,258 | £189,079 | £7,821 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £181,258 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,821 |
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 £7,821 more.
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