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House, For Sale, Nicosia, Lakatameia, Agios Nikolaos
Lakatameia, Cyprus
REF: 1001300
€260,000
Description
Location Situated in the desirable area of Agios Nikolaos, Lakatamia, Nicosia, this detached ground-floor house enjoys a prime corner position with dual street frontage, offering a total of approximately 43 meters of visibility and access. €¢ Located just 140 meters near to Agios Georgios Avenue, in a walking distance of LIDL Lakatamias. €¢ Offers excellent connectivity to major roads, shopping venues, and local amenities. External Features The property stands on a generous corner plot, maximizing both prominence and practicality. €¢ Dual street frontage ensures optimal visibility and ease of access. €¢ Three covered verandas and multiple uncovered areas provide ample space for outdoor relaxation or entertainment. €¢ A ramp on the side allows convenient access to the basement level. Internal Characteristics Ground Floor Designed for everyday comfort and functionality, the main level boasts a warm, open-plan arrangement. €¢ Open-plan living, sitting, dining, and kitchen area, centered around a cozy fireplace. €¢ A guest W/C enhances convenience for residents and visitors. €¢ A small internal staircase leads to a semi-raised section. €¢ The elevated level includes three well-sized bedrooms and a main bathroom, ensuring privacy and comfort. Basement Practical and versatile, the basement is accessible through multiple entry points. €¢ Access via a side ramp, internal staircase, and plans for an additional external staircase. €¢ Includes covered parking spaces, a pantry, and a boiler room€”ideal for secure storage and utility use. Advantages & Special Features This property combines strategic location, comfort, and future development potential. €¢ Located on a corner plot in a sought-after residential area. €¢ Offers great visibility€”ideal for future commercial or semi-commercial uses (subject to permits). €¢ Planning zone Πα9 allows for flexibility in development. €¢ Building coefficient of 120% and coverage of 70%. €¢ Permits up to 2 floors with a maximum height of 7 meters. €¢ The layout supports both residential living and investment potential.
Location Situated in the desirable area of Agios Nikolaos, Lakatamia, Nicosia, this detached ground-floor house enjoys a prime corner position with dual street frontage, offering a total of approximately 43 meters of visibility and access. €¢ Located just 140 meters near to Agios Georgios Avenue, in a walking distance of LIDL Lakatamias. €¢ Offers excellent connectivity to major roads, shopping venues, and local amenities. External Features The property stands on a generous corner plot, maximizing both prominence and practicality. €¢ Dual street frontage ensures optimal visibility and ease of access. €¢ Three covered verandas and multiple uncovered areas provide ample space for outdoor relaxation or entertainment. €¢ A ramp on the side allows convenient access to the basement level. Internal Characteristics Ground Floor Designed for everyday comfort and functionality, the main level boasts a warm, open-plan arrangement. €¢ Open-plan living, sitting, dining, and kitchen area, centered around a cozy fireplace. €¢ A guest W/C enhances convenience for residents and visitors. €¢ A small internal staircase leads to a semi-raised section. €¢ The elevated level includes three well-sized bedrooms and a main bathroom, ensuring privacy and comfort. Basement Practical and versatile, the basement is accessible through multiple entry points. €¢ Access via a side ramp, internal staircase, and plans for an additional external staircase. €¢ Includes covered parking spaces, a pantry, and a boiler room€”ideal for secure storage and utility use. Advantages & Special Features This property combines strategic location, comfort, and future development potential. €¢ Located on a corner plot in a sought-after residential area. €¢ Offers great visibility€”ideal for future commercial or semi-commercial uses (subject to permits). €¢ Planning zone Πα9 allows for flexibility in development. €¢ Building coefficient of 120% and coverage of 70%. €¢ Permits up to 2 floors with a maximum height of 7 meters. €¢ The layout supports both residential living and investment potential.
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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 €260,000 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 |
|---|---|---|---|
| €260,000 | £214,617 | £226,723 | £12,106 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £214,617 |
| Maximum cost in the last six months | £226,723 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,106 |
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 €260,000 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 |
|---|---|---|---|
| €260,000 | £214,617 | £226,723 | £12,106 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £214,617 |
| Maximum cost in the last six months | £226,723 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,106 |
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 £12,106 more.
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