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House, For Sale, Nicosia, Lakatameia, Agios Nikolaos
Lakatameia, Cyprus
REF: 961534
€360,000
Description
Location €¢ Situated in the Agios Nikolaos quarter, Lakatameia Municipality, Nicosia District €¢ Near Agios Ioannis Gymnasium and of E€™ Primary School of Lakatameia €¢ Ideally positioned close to a wide range of amenities: schools, banks, supermarkets, shops, and services External Features €¢ Detached house built in 2012 on a large plot €¢ Boasts a modern and impressive exterior design €¢ Includes a garden courtyard ideal for family gatherings or relaxation Internal Characteristics €¢ Total internal area: 273 sqm (approx.) €¢ Ground Floor: o Spacious living and dining areas o Kitchen, breakfast room, sitting room, laundry room o Guest toilet and one bedroom €¢ First Floor: o Four bedrooms, including:  Master bedroom with private shower/toilet and dressing room o Main bathroom with toilet Additional Features €¢ Covered verandas: 27 sqm (approx.) €¢ Uncovered verandas: 20 sqm (approx.) €¢ Covered parking space: 38 sqm (approx.) €¢ Includes covered and uncovered outdoor areas for year-round enjoyment Advantages - Special Features €¢ Located on a large plot in a well-established neighborhood €¢ Issued building permit in place €¢ Vacant and move-in ready €¢ Suitable for private residence or rental investment
Location €¢ Situated in the Agios Nikolaos quarter, Lakatameia Municipality, Nicosia District €¢ Near Agios Ioannis Gymnasium and of E€™ Primary School of Lakatameia €¢ Ideally positioned close to a wide range of amenities: schools, banks, supermarkets, shops, and services External Features €¢ Detached house built in 2012 on a large plot €¢ Boasts a modern and impressive exterior design €¢ Includes a garden courtyard ideal for family gatherings or relaxation Internal Characteristics €¢ Total internal area: 273 sqm (approx.) €¢ Ground Floor: o Spacious living and dining areas o Kitchen, breakfast room, sitting room, laundry room o Guest toilet and one bedroom €¢ First Floor: o Four bedrooms, including:  Master bedroom with private shower/toilet and dressing room o Main bathroom with toilet Additional Features €¢ Covered verandas: 27 sqm (approx.) €¢ Uncovered verandas: 20 sqm (approx.) €¢ Covered parking space: 38 sqm (approx.) €¢ Includes covered and uncovered outdoor areas for year-round enjoyment Advantages - Special Features €¢ Located on a large plot in a well-established neighborhood €¢ Issued building permit in place €¢ Vacant and move-in ready €¢ Suitable for private residence or rental investment
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Currency Exchange
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 €360,000 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 |
|---|---|---|---|
| €360,000 | £296,604 | £312,512 | £15,908 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £296,604 |
| Maximum cost in the last six months | £312,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,908 |
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 €360,000 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 |
|---|---|---|---|
| €360,000 | £296,604 | £312,512 | £15,908 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £296,604 |
| Maximum cost in the last six months | £312,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,908 |
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 £15,908 more.
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