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These city apartments are located in Nicosia, one of the most promising areas of the capital, Aglantzia
Aglantzia, Nicosia, Cyprus
REF: 882412
€235,000
Description
These city apartments are located in Nicosia, one of the most promising areas of the capital, Aglantzia. The project is located near the University of Cyprus and is experiencing rapid growth. The area is home to the University of Cyprus, its faculties, the KIOS Research and Innovation Centre, and many sports facilities. The area is adjacent to the National Park of Athalassa, part of the Nicosia Municipality in Aglantzia. It is now dynamically promoting itself as a modern city, which is expected to be further upgraded in the coming years as the State University is constantly developing. Facilities for students, student residences, dining facilities, services, and public transport make the area unique and offer property owners many investment opportunities. The apartments are centrally located near the University Campus and consist of nine one- and two-bedroom apartments. It is a small complex that extends over two floors. They stand out for their modern architecture and ergonomics, making them ideal for student apartments and permanent accommodation. It is a great investment opportunity with high returns, as the area is sought after for renting student apartments. Its central location and continuous growth and development make it very attractive. In addition, it has easy access to the centre of Nicosia and the motorway, enhancing its investment value. Nicosia is a vibrant and fun city with a fascinating history. Many excellent shops, restaurants, cafes, museums, art galleries, historic churches, and more are nearby. Please get in touch with Elit Blue to arrange a private viewing.
These city apartments are located in Nicosia, one of the most promising areas of the capital, Aglantzia. The project is located near the University of Cyprus and is experiencing rapid growth. The area is home to the University of Cyprus, its faculties, the KIOS Research and Innovation Centre, and many sports facilities. The area is adjacent to the National Park of Athalassa, part of the Nicosia Municipality in Aglantzia. It is now dynamically promoting itself as a modern city, which is expected to be further upgraded in the coming years as the State University is constantly developing. Facilities for students, student residences, dining facilities, services, and public transport make the area unique and offer property owners many investment opportunities. The apartments are centrally located near the University Campus and consist of nine one- and two-bedroom apartments. It is a small complex that extends over two floors. They stand out for their modern architecture and ergonomics, making them ideal for student apartments and permanent accommodation. It is a great investment opportunity with high returns, as the area is sought after for renting student apartments. Its central location and continuous growth and development make it very attractive. In addition, it has easy access to the centre of Nicosia and the motorway, enhancing its investment value. Nicosia is a vibrant and fun city with a fascinating history. Many excellent shops, restaurants, cafes, museums, art galleries, historic churches, and more are nearby. Please get in touch with Elit Blue to arrange a private viewing.
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Currency Exchange
Aglantzia, Nicosia, 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 €235,000 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 |
|---|---|---|---|
| €235,000 | £193,617 | £201,971 | £8,354 |
| Property Price € | €235,000 |
| Minimum cost in the last six months | £193,617 |
| Maximum cost in the last six months | £201,971 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,354 |
Aglantzia, Nicosia, 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 €235,000 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 |
|---|---|---|---|
| €235,000 | £193,617 | £201,971 | £8,354 |
| Property Price € | €235,000 |
| Minimum cost in the last six months | £193,617 |
| Maximum cost in the last six months | £201,971 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,354 |
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 £8,354 more.
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