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Building, For Sale, Nicosia, Agia Varvara
Agia Varvara, Cyprus
REF: 910864
€600,000
Description
High return on investment ðŸ 🡠Location - This small residential building is located in a peaceful neighborhood, with easy access to the highway, and still walking distance to main amenities like schools, supermarkets, bakery, restaurant, etc. - Driving distance to Nicosia 10 minutes. - Driving distance to Larnaca 15 minutes. - Driving distance to Limassol 30 minutes. External Features: - The building consists of 4 flats, 2 x 2-bedroom and 2 x 1-bedroom. Ground floor apartments, benefit from external yards that they can use, making them even more attractive to future tenants. Internal Characteristics: The apartments includes: - water pressure system - Sliding wardrobes. - Kitchens with island - Large comfortable showers - Thermal facade - Insulated windows - Props for electric heating - Preinstalled a/c split units at ground floor - Provision for a/c split units at 1st floor - WiFi heater switch - Intercom with WiFi - Photovoltaic system for each apartment. - Photovoltaic system for common areas. ðŸ¡1 bedroom ground floor Internal areas 61.80 sq.m Veranda 20.80 sq.m Yard over 50sqm Covered Parking space ðŸ¡Ground floor, 2 bedrooms Internal areas 76.80 sq.m Veranda 10.95 sq.m Yard over 70sqm Covered parking space ðŸ 1st Floor 1 bedroom Internal areas 61.80 Veranda 6.20 sq.m Covered parking space ðŸ 1st floor 2 bedroom Internal areas 76.80 sq.m Veranda 6.20 sq.m Covered parking space Advantages - Special Features - Provision for electrical units, to take advantage of the photovoltaic system. - Double glazed windows to minimize energy loss. - Solar panels for hot water. - Convenient location. - Family friendly neighborhood.
High return on investment ðŸ 🡠Location - This small residential building is located in a peaceful neighborhood, with easy access to the highway, and still walking distance to main amenities like schools, supermarkets, bakery, restaurant, etc. - Driving distance to Nicosia 10 minutes. - Driving distance to Larnaca 15 minutes. - Driving distance to Limassol 30 minutes. External Features: - The building consists of 4 flats, 2 x 2-bedroom and 2 x 1-bedroom. Ground floor apartments, benefit from external yards that they can use, making them even more attractive to future tenants. Internal Characteristics: The apartments includes: - water pressure system - Sliding wardrobes. - Kitchens with island - Large comfortable showers - Thermal facade - Insulated windows - Props for electric heating - Preinstalled a/c split units at ground floor - Provision for a/c split units at 1st floor - WiFi heater switch - Intercom with WiFi - Photovoltaic system for each apartment. - Photovoltaic system for common areas. ðŸ¡1 bedroom ground floor Internal areas 61.80 sq.m Veranda 20.80 sq.m Yard over 50sqm Covered Parking space ðŸ¡Ground floor, 2 bedrooms Internal areas 76.80 sq.m Veranda 10.95 sq.m Yard over 70sqm Covered parking space ðŸ 1st Floor 1 bedroom Internal areas 61.80 Veranda 6.20 sq.m Covered parking space ðŸ 1st floor 2 bedroom Internal areas 76.80 sq.m Veranda 6.20 sq.m Covered parking space Advantages - Special Features - Provision for electrical units, to take advantage of the photovoltaic system. - Double glazed windows to minimize energy loss. - Solar panels for hot water. - Convenient location. - Family friendly neighborhood.
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Currency Exchange
Agia Varvara, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £494,340 | £507,654 | £13,314 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £494,340 |
| Maximum cost in the last six months | £507,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,314 |
Agia Varvara, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £494,340 | £507,654 | £13,314 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £494,340 |
| Maximum cost in the last six months | £507,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,314 |
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 £13,314 more.
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