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Apartment, For Sale, Nicosia, Lakatameia
Alfeiou, Lakatamia 2313, Cyprus, Lakatameia, Cyprus
REF: 897486
€175,000
Description
Location: €¢ Nestled in a new and tranquil residential area of Lakatameia. €¢ Walking distance to schools, including a Primary School and Gymnasium. €¢ Close to €œThe Rainbow Gym and Dance Center€ for fitness and recreational activities. €¢ Short drive to supermarkets, shops, restaurants, and essential services. €¢ Quick access to Nicosia city center and the Nicosia-Limassol highway. External Features: €¢ Building spans across two large, joined plots, offering generous space. €¢ Comprises two floors with modern architecture and sleek, contemporary design. €¢ Equipped with two elevators for added convenience. €¢ Each floor features five independent two-bedroom apartments and two one-bedroom apartments, ensuring privacy and comfort. Internal Characteristics: €¢ Apartment 201 is located on the 2nd floor, ensuring privacy and elevated views. €¢ Spacious internal area of 85 sqm, complemented by 20.5 sqm of covered verandas, perfect for outdoor lounging. €¢ Option to add a 32 sqm private roof garden at an additional price of ‚16,000. €¢ Open-plan layout seamlessly connects the living room and kitchen, maximizing space. €¢ Two bedrooms, including a master bedroom with an en-suite bathroom and an additional main bathroom. €¢ Comes with a dedicated covered parking space and a storage room for added convenience. €¢ Energy Certificate Class €œA€ for optimal energy efficiency. Advantages Special Features: €¢ Fully installed 2KW photovoltaic system exclusive to the apartment, ensuring energy savings. €¢ Provision for central heating and A/C split units, offering comfort year-round. €¢ Solar water heater and a water pressure system are already installed. €¢ High-quality €œPipe-in-Pipe€ hydraulic installation for efficient plumbing. €¢ Large aluminum-framed windows with double glazing for enhanced insulation and natural light. €¢ Spacious, independent apartment with large verandas, set in a peaceful location yet providing easy access to the city center, highway, and all necessary amenities.
Location: €¢ Nestled in a new and tranquil residential area of Lakatameia. €¢ Walking distance to schools, including a Primary School and Gymnasium. €¢ Close to €œThe Rainbow Gym and Dance Center€ for fitness and recreational activities. €¢ Short drive to supermarkets, shops, restaurants, and essential services. €¢ Quick access to Nicosia city center and the Nicosia-Limassol highway. External Features: €¢ Building spans across two large, joined plots, offering generous space. €¢ Comprises two floors with modern architecture and sleek, contemporary design. €¢ Equipped with two elevators for added convenience. €¢ Each floor features five independent two-bedroom apartments and two one-bedroom apartments, ensuring privacy and comfort. Internal Characteristics: €¢ Apartment 201 is located on the 2nd floor, ensuring privacy and elevated views. €¢ Spacious internal area of 85 sqm, complemented by 20.5 sqm of covered verandas, perfect for outdoor lounging. €¢ Option to add a 32 sqm private roof garden at an additional price of ‚16,000. €¢ Open-plan layout seamlessly connects the living room and kitchen, maximizing space. €¢ Two bedrooms, including a master bedroom with an en-suite bathroom and an additional main bathroom. €¢ Comes with a dedicated covered parking space and a storage room for added convenience. €¢ Energy Certificate Class €œA€ for optimal energy efficiency. Advantages Special Features: €¢ Fully installed 2KW photovoltaic system exclusive to the apartment, ensuring energy savings. €¢ Provision for central heating and A/C split units, offering comfort year-round. €¢ Solar water heater and a water pressure system are already installed. €¢ High-quality €œPipe-in-Pipe€ hydraulic installation for efficient plumbing. €¢ Large aluminum-framed windows with double glazing for enhanced insulation and natural light. €¢ Spacious, independent apartment with large verandas, set in a peaceful location yet providing easy access to the city center, highway, and all necessary amenities.
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Currency Exchange
Alfeiou, Lakatamia 2313, Cyprus, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £144,954 | £150,404 | £5,450 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £144,954 |
| Maximum cost in the last six months | £150,404 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,450 |
Alfeiou, Lakatamia 2313, Cyprus, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £144,954 | £150,404 | £5,450 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £144,954 |
| Maximum cost in the last six months | £150,404 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,450 |
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 £5,450 more.
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