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Apartment in Pallouriotissa
5705, Cyprus
REF: 941519
€195,000
Description
Three-bedroom flat in Panagia quarter of Nicosia municipality. The property has a separate title deed Year built: 2010 Bedrooms 3 Bathrooms 2 Covered Area 116 sqm Covered Veranda 27 sqm It is ideally situated close to a plethora of amenities and services such as supermarkets, shops, restaurants, schools etc. In addition, it enjoys excellent access to the main town routes and the city center. The flat is located on the 1st floor of a building that was built in 2010. It comprises of kitchen/living room/dining room as an open space, three bedrooms where one is ensuite and a bathroom with WC and covered veranda. The flat has an internal covered area of 116sq.m., plus a covered veranda of 27sq.m. The property has a separate title deed, with exclusive right to use parking space number 14 on the ground floor. The flat is vacant and it is considering as ideal choice as it is suitable for rental (short term or long term) or for private use.
Three-bedroom flat in Panagia quarter of Nicosia municipality. The property has a separate title deed Year built: 2010 Bedrooms 3 Bathrooms 2 Covered Area 116 sqm Covered Veranda 27 sqm It is ideally situated close to a plethora of amenities and services such as supermarkets, shops, restaurants, schools etc. In addition, it enjoys excellent access to the main town routes and the city center. The flat is located on the 1st floor of a building that was built in 2010. It comprises of kitchen/living room/dining room as an open space, three bedrooms where one is ensuite and a bathroom with WC and covered veranda. The flat has an internal covered area of 116sq.m., plus a covered veranda of 27sq.m. The property has a separate title deed, with exclusive right to use parking space number 14 on the ground floor. The flat is vacant and it is considering as ideal choice as it is suitable for rental (short term or long term) or for private use.
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Currency Exchange
5705, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,661 | £165,380 | £4,719 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,661 |
| Maximum cost in the last six months | £165,380 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,719 |
5705, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,661 | £165,380 | £4,719 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,661 |
| Maximum cost in the last six months | £165,380 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,719 |
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 £4,719 more.
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