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Apartment, For Sale, Nicosia, Lakatameia
Alfeiou, Lakatamia 2313, Cyprus, Lakatameia, Cyprus
REF: 897488
€112,000
Description
Location: €¢ Situated in a new, quiet residential area of Lakatameia. €¢ Near schools (Primary and Gymnasium) and €œThe Rainbow Gym and Dance Center.€ €¢ Short driving distance to supermarkets, shops, restaurants, and services. €¢ Easy access to Nicosia city center and Nicosia-Limassol highway. External Features: €¢ Building spans two joined plots and consists of two floors. €¢ Two lifts for added convenience. €¢ Each floor includes five independent two-bedroom apartments and two one-bedroom apartments. €¢ Modern and impressive exterior design. Internal Characteristics: €¢ Apartment 105 located on the 1st floor. €¢ Internal area of 50.2sqm with 10sqm of covered verandas. €¢ Open-plan living room and kitchen. €¢ Spacious bedroom and full bathroom. €¢ Includes a covered parking space and a storage room. €¢ The apartment faces a cul-de-sac. €¢ Energy Certificate Class €œA.€ Advantages Special Features: €¢ Fully installed photovoltaic system 1.5KW exclusive for the apartment. €¢ Provision for central heating and A/C split units. €¢ Solar heater and water pressure system installed. €¢ €œPipe-in-Pipe€ hydraulic installation. €¢ Large aluminum frames with double-glazed windows. €¢ Spacious, independent apartment with large verandas in a quiet area, offering easy access to the city center, highway, and all amenities.
Location: €¢ Situated in a new, quiet residential area of Lakatameia. €¢ Near schools (Primary and Gymnasium) and €œThe Rainbow Gym and Dance Center.€ €¢ Short driving distance to supermarkets, shops, restaurants, and services. €¢ Easy access to Nicosia city center and Nicosia-Limassol highway. External Features: €¢ Building spans two joined plots and consists of two floors. €¢ Two lifts for added convenience. €¢ Each floor includes five independent two-bedroom apartments and two one-bedroom apartments. €¢ Modern and impressive exterior design. Internal Characteristics: €¢ Apartment 105 located on the 1st floor. €¢ Internal area of 50.2sqm with 10sqm of covered verandas. €¢ Open-plan living room and kitchen. €¢ Spacious bedroom and full bathroom. €¢ Includes a covered parking space and a storage room. €¢ The apartment faces a cul-de-sac. €¢ Energy Certificate Class €œA.€ Advantages Special Features: €¢ Fully installed photovoltaic system 1.5KW exclusive for the apartment. €¢ Provision for central heating and A/C split units. €¢ Solar heater and water pressure system installed. €¢ €œPipe-in-Pipe€ hydraulic installation. €¢ Large aluminum frames with double-glazed windows. €¢ Spacious, independent apartment with large verandas in a quiet area, offering easy access to the city center, highway, and all 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 €112,000 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 |
|---|---|---|---|
| €112,000 | £92,771 | £96,258 | £3,488 |
| Property Price € | €112,000 |
| Minimum cost in the last six months | £92,771 |
| Maximum cost in the last six months | £96,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,488 |
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 €112,000 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 |
|---|---|---|---|
| €112,000 | £92,771 | £96,258 | £3,488 |
| Property Price € | €112,000 |
| Minimum cost in the last six months | £92,771 |
| Maximum cost in the last six months | £96,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,488 |
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 £3,488 more.
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