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House, For Sale, Nicosia, Dali
NEA LYDRA, Dali, Cyprus
REF: 878451
€1,115,000
Description
Location €¢ Close proximity to the Nicosia - Limassol highway. €¢ Near to the new ring road of Nicosia. €¢ Situated in a developing, picturesque area with all necessary amenities. €¢ Easy access to neighboring villages, municipalities, and the motorway. External Features €¢ Constructed in 1996 with impressive aesthetics. €¢ Features covered and uncovered verandas. €¢ Includes two garages. €¢ Equipped with a BBQ area, garden, and pergola. Internal Characteristics €¢ Ground Floor: o Four living rooms. o Separate kitchen with dining area. o Laundry room/kitchenette. o WC with bathroom. o One bedroom with en-suite facilities (bathroom & WC). €¢ First Floor: o Living room. o Four bedrooms. o Kitchen. o Bathroom with WC. €¢ Total interior space: approximately 330 sq.m. €¢ Garage area: approximately 65 sq.m. Property Details €¢ Total land area: 7,735 sq.m. €¢ Falls within residential zone Kα8 with a building factor of 90%. €¢ Division permit obtained for the creation of 8 plots. €¢ Freehold status to be confirmed following Consensual Court Order on 13/09/2024. Advantages - Special Features €¢ Large luxury house on an extensive land area. €¢ Convenient access to cities, ports, and airports.
Location €¢ Close proximity to the Nicosia - Limassol highway. €¢ Near to the new ring road of Nicosia. €¢ Situated in a developing, picturesque area with all necessary amenities. €¢ Easy access to neighboring villages, municipalities, and the motorway. External Features €¢ Constructed in 1996 with impressive aesthetics. €¢ Features covered and uncovered verandas. €¢ Includes two garages. €¢ Equipped with a BBQ area, garden, and pergola. Internal Characteristics €¢ Ground Floor: o Four living rooms. o Separate kitchen with dining area. o Laundry room/kitchenette. o WC with bathroom. o One bedroom with en-suite facilities (bathroom & WC). €¢ First Floor: o Living room. o Four bedrooms. o Kitchen. o Bathroom with WC. €¢ Total interior space: approximately 330 sq.m. €¢ Garage area: approximately 65 sq.m. Property Details €¢ Total land area: 7,735 sq.m. €¢ Falls within residential zone Kα8 with a building factor of 90%. €¢ Division permit obtained for the creation of 8 plots. €¢ Freehold status to be confirmed following Consensual Court Order on 13/09/2024. Advantages - Special Features €¢ Large luxury house on an extensive land area. €¢ Convenient access to cities, ports, and airports.
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Currency Exchange
NEA LYDRA, Dali, 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 €1,115,000 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 |
|---|---|---|---|
| €1,115,000 | £918,649 | £958,287 | £39,638 |
| Property Price € | €1,115,000 |
| Minimum cost in the last six months | £918,649 |
| Maximum cost in the last six months | £958,287 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,638 |
NEA LYDRA, Dali, 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 €1,115,000 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 |
|---|---|---|---|
| €1,115,000 | £918,649 | £958,287 | £39,638 |
| Property Price € | €1,115,000 |
| Minimum cost in the last six months | £918,649 |
| Maximum cost in the last six months | £958,287 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,638 |
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 £39,638 more.
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