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House, For Sale, Nicosia, Lakatameia, Archangelos
LIMNI MAGLI, Lakatameia, Cyprus
REF: 886446
€820,000
Description
Location: €¢ Prime location in a thriving residential area. €¢ Serene neighborhood with easy access to the city center and major highways leading to Troodos and Nicosia Limassol. €¢ Convenient proximity to supermarkets, schools, banks, superstores, hospitals, malls, and various amenities. External Features: €¢ Constructed according to the latest City Planning standards. €¢ Wide roads, pedestrian-friendly zones, parks, and communal spaces. €¢ Generous plot with a spacious garden and double garage. €¢ Ample space for a swimming pool (optional) creating an adaptable outdoor area for leisure and relaxation. Internal Characteristics: €¢ Ground floor features a capacious living room, dining area, kitchen with an island, and lounge space, all overlooking the expansive veranda and garden, alongside a guest WC. €¢ All rooms boast vistas of the covered veranda and garden. €¢ First floor comprises four sizable bedrooms: master suite with an en-suite bathroom and walk-in wardrobe, one bedroom with an en-suite, and two additional bedrooms sharing a common bathroom. €¢ Class A€™ Energy Certificate, underfloor heating, sound, and thermal insulation, solar water heater, pressurized water system, ceramic tiles, or parquet flooring. €¢ Entrance camera, Techno Granite kitchen counters, provision for alarm system, provision for A/C units, smart home system provision. Advantages - Special Features: €¢ Luxurious, spacious residence nestled in a highly desirable location. €¢ Effortless access to Nicosia city center and major highways linking to other cities, ports, and airports.
Location: €¢ Prime location in a thriving residential area. €¢ Serene neighborhood with easy access to the city center and major highways leading to Troodos and Nicosia Limassol. €¢ Convenient proximity to supermarkets, schools, banks, superstores, hospitals, malls, and various amenities. External Features: €¢ Constructed according to the latest City Planning standards. €¢ Wide roads, pedestrian-friendly zones, parks, and communal spaces. €¢ Generous plot with a spacious garden and double garage. €¢ Ample space for a swimming pool (optional) creating an adaptable outdoor area for leisure and relaxation. Internal Characteristics: €¢ Ground floor features a capacious living room, dining area, kitchen with an island, and lounge space, all overlooking the expansive veranda and garden, alongside a guest WC. €¢ All rooms boast vistas of the covered veranda and garden. €¢ First floor comprises four sizable bedrooms: master suite with an en-suite bathroom and walk-in wardrobe, one bedroom with an en-suite, and two additional bedrooms sharing a common bathroom. €¢ Class A€™ Energy Certificate, underfloor heating, sound, and thermal insulation, solar water heater, pressurized water system, ceramic tiles, or parquet flooring. €¢ Entrance camera, Techno Granite kitchen counters, provision for alarm system, provision for A/C units, smart home system provision. Advantages - Special Features: €¢ Luxurious, spacious residence nestled in a highly desirable location. €¢ Effortless access to Nicosia city center and major highways linking to other cities, ports, and airports.
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Currency Exchange
LIMNI 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 €820,000 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 |
|---|---|---|---|
| €820,000 | £679,214 | £704,749 | £25,535 |
| Property Price € | €820,000 |
| Minimum cost in the last six months | £679,214 |
| Maximum cost in the last six months | £704,749 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,535 |
LIMNI 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 €820,000 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 |
|---|---|---|---|
| €820,000 | £679,214 | £704,749 | £25,535 |
| Property Price € | €820,000 |
| Minimum cost in the last six months | £679,214 |
| Maximum cost in the last six months | £704,749 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,535 |
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 £25,535 more.
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