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Lykavitos, Nicosia - From 240,000
Lykavitos, Nicosia, Cyprus
REF: 741051
€240,000
Description
One Bedroom Apartment For Sale in Lykavitos - Title Deeds (New Build Process)Located in the heart of Nicosia considered to be one of the poshest addresses of the capital. Lykavitos is an extremely central location, set in the tranquil residential neighborhood perfectly nested on a hill giving... One Bedroom Apartment For Sale in Lykavitos - Title Deeds (New Build Process)Located in the heart of Nicosia considered to be one of the poshest addresses of the capital. Lykavitos is an extremely central location, set in the tranquil residential neighborhood perfectly nested on a hill giving open views of the capital with only a 4 minute drive to the city center. The area is in high demand due to the numerous schools and universities surrounding it.This luxury apartment block consists of 14 apartments set over 4 floors. Floor 1 and 2 have 1 bedroom apartments, floor 3 and 4 have 2 bedroom apartments. The 3 apartments on floor 4 have roof terraces giving enjoyable sights over the city. All apartments have the relaxed open plan kitchen, dining and lounge area for The high quality standards in construction and materials raise the standards of living.Excellent rental opportunity and investment due to the prime location within the center of Nicosia- 1 bedroom with fitted wardrobes- Open plan kitchen living dining, kitchen- Family bathroom- Private car parking and guest parking- Allocated storage space- Internal 52 - 58 m2- Balconies / verandas 10-19 m2- Planters 2 - 33 m2- 4 minutes to the city center- 6 minutes to the French school- 10 minutes to government buildings- Communal fees TBC- Subject to VAT- Energy Efficiency ANicosiaNicosia, also known as Lefkosia, is the divided capital city of Cyprus. South of the border on the Greek side, the Cyprus Museum has archaeological finds form the Neolithic to the Byzantine periods, including the Aphrodite of Soloi statue. Nearby, the city's 16th Century Venetian walls include the Famagusta, Kyrenia and Paphos gates. Inside the walls s a marble mausoleum which sits next to the 19th Century Faneromeni Church------------* Title Deeds (New Build Process)* Prime Location in Nicosia Center* Roof Terraces Available on Floor 4* Private Car Parking* Subject to VAT* Delivery Date November 2024* Energy Efficiency TBCLykavitosLykavitosCounty: NicosiaSale Type: For SaleRef #: HH/ADW101N1*
One Bedroom Apartment For Sale in Lykavitos - Title Deeds (New Build Process)Located in the heart of Nicosia considered to be one of the poshest addresses of the capital. Lykavitos is an extremely central location, set in the tranquil residential neighborhood perfectly nested on a hill giving... One Bedroom Apartment For Sale in Lykavitos - Title Deeds (New Build Process)Located in the heart of Nicosia considered to be one of the poshest addresses of the capital. Lykavitos is an extremely central location, set in the tranquil residential neighborhood perfectly nested on a hill giving open views of the capital with only a 4 minute drive to the city center. The area is in high demand due to the numerous schools and universities surrounding it.This luxury apartment block consists of 14 apartments set over 4 floors. Floor 1 and 2 have 1 bedroom apartments, floor 3 and 4 have 2 bedroom apartments. The 3 apartments on floor 4 have roof terraces giving enjoyable sights over the city. All apartments have the relaxed open plan kitchen, dining and lounge area for The high quality standards in construction and materials raise the standards of living.Excellent rental opportunity and investment due to the prime location within the center of Nicosia- 1 bedroom with fitted wardrobes- Open plan kitchen living dining, kitchen- Family bathroom- Private car parking and guest parking- Allocated storage space- Internal 52 - 58 m2- Balconies / verandas 10-19 m2- Planters 2 - 33 m2- 4 minutes to the city center- 6 minutes to the French school- 10 minutes to government buildings- Communal fees TBC- Subject to VAT- Energy Efficiency ANicosiaNicosia, also known as Lefkosia, is the divided capital city of Cyprus. South of the border on the Greek side, the Cyprus Museum has archaeological finds form the Neolithic to the Byzantine periods, including the Aphrodite of Soloi statue. Nearby, the city's 16th Century Venetian walls include the Famagusta, Kyrenia and Paphos gates. Inside the walls s a marble mausoleum which sits next to the 19th Century Faneromeni Church------------* Title Deeds (New Build Process)* Prime Location in Nicosia Center* Roof Terraces Available on Floor 4* Private Car Parking* Subject to VAT* Delivery Date November 2024* Energy Efficiency TBCLykavitosLykavitosCounty: NicosiaSale Type: For SaleRef #: HH/ADW101N1*
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Currency Exchange
Lykavitos, Nicosia, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,108 | £210,077 | £11,969 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,108 |
| Maximum cost in the last six months | £210,077 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,969 |
Lykavitos, Nicosia, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,108 | £210,077 | £11,969 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,108 |
| Maximum cost in the last six months | £210,077 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,969 |
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 £11,969 more.
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