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Apartment, For Sale, Nicosia, Kaimakli
Kaimakli, Cyprus
REF: 1000895
€85,000
Description
Location This one-bedroom apartment is located in the Kaimakli Quarter, within the Nicosia Municipality. €¢ Positioned in walking distance of C Kaimakli primary school and Ayiou Polidorou Church., €¢ Set in a quiet residential area with easy access to essential amenities. €¢ Close to schools, supermarkets, and various services. External Features The apartment is part of the residential complex that built in 2012. €¢ Situated on the 3rd floor (Apartment No. 303). €¢ Includes a covered veranda of 8 sq.m. €¢ Comes with a dedicated covered parking space. €¢ Includes a private storage room on the ground floor. Internal Characteristics The apartment offers a functional and comfortable layout. €¢ Internal covered area of 49 sq.m. €¢ Open-plan design with a sitting room and kitchen. €¢ One spacious bedroom. €¢ Common bathroom with WC. Advantages & Special Features This property is ideal for both private residence and investment. €¢ Quiet and convenient location within Nicosia. €¢ The apartment is vacant and ready for immediate occupancy. €¢ Suitable for rental use, offering a good potential return. €¢ Separate title deed available for straightforward transfer of ownership.
Location This one-bedroom apartment is located in the Kaimakli Quarter, within the Nicosia Municipality. €¢ Positioned in walking distance of C Kaimakli primary school and Ayiou Polidorou Church., €¢ Set in a quiet residential area with easy access to essential amenities. €¢ Close to schools, supermarkets, and various services. External Features The apartment is part of the residential complex that built in 2012. €¢ Situated on the 3rd floor (Apartment No. 303). €¢ Includes a covered veranda of 8 sq.m. €¢ Comes with a dedicated covered parking space. €¢ Includes a private storage room on the ground floor. Internal Characteristics The apartment offers a functional and comfortable layout. €¢ Internal covered area of 49 sq.m. €¢ Open-plan design with a sitting room and kitchen. €¢ One spacious bedroom. €¢ Common bathroom with WC. Advantages & Special Features This property is ideal for both private residence and investment. €¢ Quiet and convenient location within Nicosia. €¢ The apartment is vacant and ready for immediate occupancy. €¢ Suitable for rental use, offering a good potential return. €¢ Separate title deed available for straightforward transfer of ownership.
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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 €85,000 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 |
|---|---|---|---|
| €85,000 | £70,163 | £74,121 | £3,958 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £70,163 |
| Maximum cost in the last six months | £74,121 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,958 |
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 €85,000 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 |
|---|---|---|---|
| €85,000 | £70,163 | £74,121 | £3,958 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £70,163 |
| Maximum cost in the last six months | £74,121 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,958 |
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 £3,958 more.
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