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Apartment, For Sale, Nicosia, Egkomi
Egkomi, Cyprus
REF: 904018
€328,000
Description
Location · These luxury 2-bedroom apartments are on a quiet street in Egkomi, near 28 October street. · Within a few minutes walk to all services in Egkomi, Egkomi Mall and University of Nicosia. · Easy access to all areas of Nicosia and major highways. External Features · The energy efficiency A+ building is located on a quiet street. · It is a top-quality building of 3 floors with only 6 two-bedroom apartments. · The building is currently under construction and will be ready at end of 2025. · Covered parking spaces and storage rooms. · Provision for electric charging station for every parking position. · Installation of automatic watering for the building garden. Internal Characteristics · The apartments have internal areas of 92sqm, and covered verandas of 22sqm 26sqm plus roof gardens for the top floor apartments. · They consist of a spacious living/dining rooms and open plan kitchens. · Spacious bedrooms with the main en-suite and a main bathroom. Advantages - Special Features · Installed photovoltaic panels. · Installed under floor heating (heat pump) · Installed A/C units. · Installed solar heater for hot water. · Installed water pressure system. · Double glaze aluminium windows. · All the exterior openings will have thermal break energy efficient aluminium frames. · Granite kitchen worktops. · Soft close kitchen mechanisms. · Excellent quality ceramics and sanitary ware.
Location · These luxury 2-bedroom apartments are on a quiet street in Egkomi, near 28 October street. · Within a few minutes walk to all services in Egkomi, Egkomi Mall and University of Nicosia. · Easy access to all areas of Nicosia and major highways. External Features · The energy efficiency A+ building is located on a quiet street. · It is a top-quality building of 3 floors with only 6 two-bedroom apartments. · The building is currently under construction and will be ready at end of 2025. · Covered parking spaces and storage rooms. · Provision for electric charging station for every parking position. · Installation of automatic watering for the building garden. Internal Characteristics · The apartments have internal areas of 92sqm, and covered verandas of 22sqm 26sqm plus roof gardens for the top floor apartments. · They consist of a spacious living/dining rooms and open plan kitchens. · Spacious bedrooms with the main en-suite and a main bathroom. Advantages - Special Features · Installed photovoltaic panels. · Installed under floor heating (heat pump) · Installed A/C units. · Installed solar heater for hot water. · Installed water pressure system. · Double glaze aluminium windows. · All the exterior openings will have thermal break energy efficient aluminium frames. · Granite kitchen worktops. · Soft close kitchen mechanisms. · Excellent quality ceramics and sanitary ware.
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Currency Exchange
Egkomi, 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 €328,000 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 |
|---|---|---|---|
| €328,000 | £270,239 | £281,900 | £11,660 |
| Property Price € | €328,000 |
| Minimum cost in the last six months | £270,239 |
| Maximum cost in the last six months | £281,900 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,660 |
Egkomi, 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 €328,000 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 |
|---|---|---|---|
| €328,000 | £270,239 | £281,900 | £11,660 |
| Property Price € | €328,000 |
| Minimum cost in the last six months | £270,239 |
| Maximum cost in the last six months | £281,900 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,660 |
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 £11,660 more.
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