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Apartment, For Sale, Nicosia, Lakatameia, Archangelos
LAKE MAGLI , Lakatameia, Cyprus
REF: 884249
€280,000
Description
Location: ۢ Nestled near to green area of Linear park, offering picturesque views. ۢ Conveniently located withinwalking distance to supermarkets and various shops and services. ۢ Just a short drive away from Nicosia MALL, Super Home Center, and other essential amenities. ۢ Easy access to the Nicosia - Troodos highway and the bustling Nicosia City center. External Features: ۢ Currently under construction, the building comprises 2 floors housing a total of 12 apartments (6 per floor). ۢ Ground floor amenities include designated parking spaces an storage areas. Internal Characteristics: ۢ Apartment 205, positioned on the second floor, boasts an internal area of 110sqm along with 21sqm of covered verandas. ۢ Features an inviting open - plan living and dining area seamlessly integrated with the kitchen. ۢ Spacious bedrooms, the one with en-suite bathroom and the main full bathroom. ۢ Ample covered verandas enhance comfort and relaxation. ۢ Includes a dedicated parking space and storage room for added convenience. Advantages Special Features: ۢ Energy-efficient with an impressive Energy Certificate Class A rating. ۢ Equipped with a thermal fa̤ade and insulation to minimize energy consumption. ۢ Double-glazed windows with energy-saving frames ensure optimal insulation. ۢ Provision for electric heating bodies and split-unit air conditioners for customizable comfort. ۢ Solar heater for environmentally friendly hot water supply. ۢ Utilizes energy-efficient aluminum windows for enhanced sustainability. ۢ Features top-quality ceramics and sanitary ware from reputable brands. ۢ Each apartment equipped with a photovoltaic system for sustainable energy production. ۢ A prime example of high-quality construction in an enviable location, offering easy access to amenities and Nicosia's vibrant city center.
Location: ۢ Nestled near to green area of Linear park, offering picturesque views. ۢ Conveniently located withinwalking distance to supermarkets and various shops and services. ۢ Just a short drive away from Nicosia MALL, Super Home Center, and other essential amenities. ۢ Easy access to the Nicosia - Troodos highway and the bustling Nicosia City center. External Features: ۢ Currently under construction, the building comprises 2 floors housing a total of 12 apartments (6 per floor). ۢ Ground floor amenities include designated parking spaces an storage areas. Internal Characteristics: ۢ Apartment 205, positioned on the second floor, boasts an internal area of 110sqm along with 21sqm of covered verandas. ۢ Features an inviting open - plan living and dining area seamlessly integrated with the kitchen. ۢ Spacious bedrooms, the one with en-suite bathroom and the main full bathroom. ۢ Ample covered verandas enhance comfort and relaxation. ۢ Includes a dedicated parking space and storage room for added convenience. Advantages Special Features: ۢ Energy-efficient with an impressive Energy Certificate Class A rating. ۢ Equipped with a thermal fa̤ade and insulation to minimize energy consumption. ۢ Double-glazed windows with energy-saving frames ensure optimal insulation. ۢ Provision for electric heating bodies and split-unit air conditioners for customizable comfort. ۢ Solar heater for environmentally friendly hot water supply. ۢ Utilizes energy-efficient aluminum windows for enhanced sustainability. ۢ Features top-quality ceramics and sanitary ware from reputable brands. ۢ Each apartment equipped with a photovoltaic system for sustainable energy production. ۢ A prime example of high-quality construction in an enviable location, offering easy access to amenities and Nicosia's vibrant city center.
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Currency Exchange
LAKE MAGLI , 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
LAKE MAGLI , 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
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 £8,719 more.
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