Apartment, For Sale, Nicosia, Aglantzia

Aglantzia, Cyprus

For Sale

€178,000

REF: 895269 €178,000


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Description

Location €¢ Situated in the sought-after area of Aglantzia, near the University of Cyprus. €¢ Within a 10-minute walk to the university and close to all essential services. €¢ Offers excellent connectivity to all areas of Nicosia and major highways. External Features €¢ Located on a peaceful and quiet street.

€¢ Part of a small building constructed in 2007, featuring only 8 apartments for a sense of privacy and exclusivity. €¢ Includes a private covered parking space and a convenient storage room. Internal Characteristics €¢ Positioned on the second floor, the apartment boasts a spacious internal area of 87 sqm and 7 sqm of covered veranda.

€¢ Fully renovated in 2024 with modern finishes, brand-new furniture, and high-quality appliances. €¢ Comprises a bright and open living/dining area with an open-plan kitchen. €¢ Features two generously sized bedrooms, a full main bathroom, and a guest WC. Advantages - Special Features €¢ Prime location near the University of Cyprus, ideal for students, professionals, or investors.

€¢ Fully renovated to an exceptional standard, ensuring a contemporary and comfortable living experience. €¢ Equipped with brand-new furniture and appliances for immediate use. €¢ Split-unit air conditioners installed in all areas for year-round comfort. €¢ Solar water heating system for energy efficiency.

€¢ Double-glazed, energy-efficient aluminum window shutters for noise and thermal insulation. €¢ Premium ceramics and sanitary ware for a modern aesthetic. €¢ Currently rented to a high-quality tenant, generating ‚850 monthly rent plus common expenses, offering a great investment opportunity.
Location €¢ Situated in the sought-after area of Aglantzia, near the University of Cyprus. €¢ Within a 10-minute walk to the university and close to all essential services. €¢ Offers excellent connectivity to all areas of Nicosia and major highways. External Features €¢ Located on a peaceful and quiet street.

€¢ Part of a small building constructed in 2007, featuring only 8 apartments for a sense of privacy and exclusivity. €¢ Includes a private covered parking space and a convenient storage room. Internal Characteristics €¢ Positioned on the second floor, the apartment boasts a spacious internal area of 87 sqm and 7 sqm of covered veranda.

€¢ Fully renovated in 2024 with modern finishes, brand-new furniture, and high-quality appliances. €¢ Comprises a bright and open living/dining area with an open-plan kitchen. €¢ Features two generously sized bedrooms, a full main bathroom, and a guest WC. Advantages - Special Features €¢ Prime location near the University of Cyprus, ideal for students, professionals, or investors.

€¢ Fully renovated to an exceptional standard, ensuring a contemporary and comfortable living experience. €¢ Equipped with brand-new furniture and appliances for immediate use. €¢ Split-unit air conditioners installed in all areas for year-round comfort. €¢ Solar water heating system for energy efficiency.

€¢ Double-glazed, energy-efficient aluminum window shutters for noise and thermal insulation. €¢ Premium ceramics and sanitary ware for a modern aesthetic. €¢ Currently rented to a high-quality tenant, generating ‚850 monthly rent plus common expenses, offering a great investment opportunity.
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Property on Map

#38289

Currency Exchange

Aglantzia, 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 €178,000 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
€178,000 £146,654 £152,982 £6,328
Property Price € €178,000
Minimum cost in the last six months £146,654
Maximum cost in the last six months £152,982
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,328

Aglantzia, 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 €178,000 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
€178,000 £146,654 £152,982 £6,328
Property Price € €178,000
Minimum cost in the last six months £146,654
Maximum cost in the last six months £152,982
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,328

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 £6,328 more.

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