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House, For Sale, Nicosia, Nicosia Center
aristeidou, Nicosia Center, Cyprus
REF: 887155
€399,000
Description
Location: This listed house is located in the heart of Nicosia, offering easy access to essential amenities such as schools, cafes, and shops. Its central position ensures convenience for daily living, making it ideal for families or professionals who want to be close to the city€™s vibrant life. External Features: The house boasts traditional architectural elements, reflecting the rich history of the area. It is a listed property, preserving its unique character and heritage. Additionally, it features a large backyard, offering plenty of outdoor space for gardening, leisure, or family gatherings. Internal Characteristics: The house spans across two levels€”ground floor and first floor€”providing ample space for customization. Its interior layout offers flexibility for redesigning rooms to suit modern living standards while maintaining its original charm. Advantages Special Features: The property stands out due to its excellent location and distinctive architectural style. However, it requires renovation, presenting a great opportunity for those looking to restore and personalize a historical home. Its unique character makes it an excellent investment for long-term value.
Location: This listed house is located in the heart of Nicosia, offering easy access to essential amenities such as schools, cafes, and shops. Its central position ensures convenience for daily living, making it ideal for families or professionals who want to be close to the city€™s vibrant life. External Features: The house boasts traditional architectural elements, reflecting the rich history of the area. It is a listed property, preserving its unique character and heritage. Additionally, it features a large backyard, offering plenty of outdoor space for gardening, leisure, or family gatherings. Internal Characteristics: The house spans across two levels€”ground floor and first floor€”providing ample space for customization. Its interior layout offers flexibility for redesigning rooms to suit modern living standards while maintaining its original charm. Advantages Special Features: The property stands out due to its excellent location and distinctive architectural style. However, it requires renovation, presenting a great opportunity for those looking to restore and personalize a historical home. Its unique character makes it an excellent investment for long-term value.
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Currency Exchange
aristeidou, 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 €399,000 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 |
|---|---|---|---|
| €399,000 | £330,496 | £342,921 | £12,425 |
| Property Price € | €399,000 |
| Minimum cost in the last six months | £330,496 |
| Maximum cost in the last six months | £342,921 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,425 |
aristeidou, 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 €399,000 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 |
|---|---|---|---|
| €399,000 | £330,496 | £342,921 | £12,425 |
| Property Price € | €399,000 |
| Minimum cost in the last six months | £330,496 |
| Maximum cost in the last six months | £342,921 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,425 |
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 £12,425 more.
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