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Apartment, For Sale, Nicosia, Kaimakli
Kaimakli, Cyprus
REF: 960915
€190,000
Description
€¢ The asset falls in €œThe Grant Scheme for Rural Areas€.. Location €¢ Ideally located in a quiet residential neighborhood in Kaimakli, this newly built apartment offers excellent connectivity to Nicosia city centre and key access routes. The area is rich in amenities, including the University of Cyprus, theatres, exhibition spaces, cafés, restaurants, a pharmacy, and banks€”all within a short walk or drive. External Features €¢ This boutique development consists of just 7 apartments across 4 floors, offering privacy and a sense of community. €¢ The building boasts modern architecture with elegant, high-quality finishes and a stylish, welcoming façade. Internal Characteristics Thoughtfully designed to combine comfort and contemporary living, this bright and spacious two-bedroom apartment features: Flat 302: €¢ Open-plan kitchen, dining, and living area. Two bedrooms the one with en suite bathroom and the main full bathroom. €¢ Large private balcony, perfect for relaxation or entertaining. Photovoltaic system of 2.3 kw for the apartment. €¢ High ceilings and abundant natural light enhancing the feeling of space and luxury Each apartment includes: €¢ A covered parking space €¢ A private storage unit €¢ A beautifully designed, spacious main entrance area to the building Advantages - Special Features €¢ New construction with top-quality materials and modern specifications €¢ Peaceful yet central location within Nicosia Municipality €¢ Ideal for residential use, with close proximity to daily conveniences €¢ Italian kitchens and wardrobes. €¢ Government subsidy up to ‚50.000. Whether you're a first-time buyer, investor, or looking for a new home close to the heart of the city, this apartment is a fantastic opportunity.
€¢ The asset falls in €œThe Grant Scheme for Rural Areas€.. Location €¢ Ideally located in a quiet residential neighborhood in Kaimakli, this newly built apartment offers excellent connectivity to Nicosia city centre and key access routes. The area is rich in amenities, including the University of Cyprus, theatres, exhibition spaces, cafés, restaurants, a pharmacy, and banks€”all within a short walk or drive. External Features €¢ This boutique development consists of just 7 apartments across 4 floors, offering privacy and a sense of community. €¢ The building boasts modern architecture with elegant, high-quality finishes and a stylish, welcoming façade. Internal Characteristics Thoughtfully designed to combine comfort and contemporary living, this bright and spacious two-bedroom apartment features: Flat 302: €¢ Open-plan kitchen, dining, and living area. Two bedrooms the one with en suite bathroom and the main full bathroom. €¢ Large private balcony, perfect for relaxation or entertaining. Photovoltaic system of 2.3 kw for the apartment. €¢ High ceilings and abundant natural light enhancing the feeling of space and luxury Each apartment includes: €¢ A covered parking space €¢ A private storage unit €¢ A beautifully designed, spacious main entrance area to the building Advantages - Special Features €¢ New construction with top-quality materials and modern specifications €¢ Peaceful yet central location within Nicosia Municipality €¢ Ideal for residential use, with close proximity to daily conveniences €¢ Italian kitchens and wardrobes. €¢ Government subsidy up to ‚50.000. Whether you're a first-time buyer, investor, or looking for a new home close to the heart of the city, this apartment is a fantastic opportunity.
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Property on Map
Currency Exchange
Kaimakli, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £156,541 | £164,937 | £8,396 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £156,541 |
| Maximum cost in the last six months | £164,937 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,396 |
Kaimakli, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £156,541 | £164,937 | £8,396 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £156,541 |
| Maximum cost in the last six months | £164,937 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,396 |
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 £8,396 more.
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