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Apartment, For Sale, Nicosia, Nicosia Center, Lykavitos
Nicosia Center, Cyprus
REF: 1000904
€485,000
Description
A rare opportunity to own an elegant and beautifully designed duplex apartment with a private rooftop retreat, located in one of Nicosia€™s most sought-after areas. Location Situated in a quiet residential street in the prestigious neighborhood of Lycavitos next to Akademias Park and the university of Cyprus, this property offers easy access to schools, shops, services, and the city center €” combining central convenience with serene living. External Characteristics -Part of a small, exclusive building of only 4 apartments -100 sqm private roof garden, ideal for relaxing or entertaining, with internal access from the apartment as well as through the elevator and stairwell -2 covered parking spaces -Large private storeroom -Covered veranda extending the living space outdoors Internal Characteristics -Internal covered area of 201 sqm -3 Bedrooms on the lower level, including a master bedroom with an en-suite bathroom and spacious wardrobe. -Laundry room -Additional kitchenette for everyday use -Open-plan upper floor featuring a fully equipped modern kitchen, dining area, and spacious living room with fireplace -Guest WC -Fully furnished and equipped throughout -Airy, luminous, and designed with modern aesthetics and high-quality finishes Special Features -Central heating -A/C split units in every room -Filtered water system -4 TVs included -Minimalist design with abundant natural light - Windows with electrical shutters with remote control. Ideal for both family living and stylish entertaining
A rare opportunity to own an elegant and beautifully designed duplex apartment with a private rooftop retreat, located in one of Nicosia€™s most sought-after areas. Location Situated in a quiet residential street in the prestigious neighborhood of Lycavitos next to Akademias Park and the university of Cyprus, this property offers easy access to schools, shops, services, and the city center €” combining central convenience with serene living. External Characteristics -Part of a small, exclusive building of only 4 apartments -100 sqm private roof garden, ideal for relaxing or entertaining, with internal access from the apartment as well as through the elevator and stairwell -2 covered parking spaces -Large private storeroom -Covered veranda extending the living space outdoors Internal Characteristics -Internal covered area of 201 sqm -3 Bedrooms on the lower level, including a master bedroom with an en-suite bathroom and spacious wardrobe. -Laundry room -Additional kitchenette for everyday use -Open-plan upper floor featuring a fully equipped modern kitchen, dining area, and spacious living room with fireplace -Guest WC -Fully furnished and equipped throughout -Airy, luminous, and designed with modern aesthetics and high-quality finishes Special Features -Central heating -A/C split units in every room -Filtered water system -4 TVs included -Minimalist design with abundant natural light - Windows with electrical shutters with remote control. Ideal for both family living and stylish entertaining
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Currency Exchange
Nicosia Center, 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 €485,000 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 |
|---|---|---|---|
| €485,000 | £400,343 | £422,925 | £22,582 |
| Property Price € | €485,000 |
| Minimum cost in the last six months | £400,343 |
| Maximum cost in the last six months | £422,925 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,582 |
Nicosia Center, 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 €485,000 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 |
|---|---|---|---|
| €485,000 | £400,343 | £422,925 | £22,582 |
| Property Price € | €485,000 |
| Minimum cost in the last six months | £400,343 |
| Maximum cost in the last six months | £422,925 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,582 |
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 £22,582 more.
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