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Building, For Sale, Nicosia, Aglantzia
Aglantzia, Cyprus
REF: 815349
€3,150,000
Description
Location: €¢ Strategically situated adjacent to the prestigious University of Cyprus in Aglantzia, Nicosia, offering unparalleled convenience. €¢ Proximity to essential amenities including supermarkets, schools, dining options, cafes, bakeries, and various services, all within walking distance. €¢ Seamless access to Nicosia City center and the Nicosia-Limassol highway, facilitating easy commuting. External Features: €¢ Contemporary 3-storey building completed in 2022, boasting a striking modern facade. €¢ Architecturally designed to captivate with its sleek and impressive exterior. Internal Characteristics: €¢ Comprising 18 meticulously crafted one-bedroom apartments and 6 stylish studio flats. €¢ Dedicated parking space and storage room for each apartment, ensuring convenience and organization. €¢ Tailored for student accommodation, offering a lucrative rental yield. €¢ Architectural planning optimized for modern living, featuring functional internal spaces and chic design elements. €¢ State-of-the-art lift by KONE Company, offering smooth and noiseless operation. €¢ Enhanced security with a comprehensive monitor system for entrance and exit control. €¢ Premium aluminum windows from ALUMIL, equipped with double glazing and superior heat insulation. €¢ Built to stringent anti-earthquake standards, ensuring utmost safety and security. €¢ Exceptional construction quality with high-specification insulations for enhanced comfort and durability. Advantages and Special Features: €¢ Highly sought-after property due to its proximity to the University and tailored amenities, promising continuous demand and robust rental returns.
Location: €¢ Strategically situated adjacent to the prestigious University of Cyprus in Aglantzia, Nicosia, offering unparalleled convenience. €¢ Proximity to essential amenities including supermarkets, schools, dining options, cafes, bakeries, and various services, all within walking distance. €¢ Seamless access to Nicosia City center and the Nicosia-Limassol highway, facilitating easy commuting. External Features: €¢ Contemporary 3-storey building completed in 2022, boasting a striking modern facade. €¢ Architecturally designed to captivate with its sleek and impressive exterior. Internal Characteristics: €¢ Comprising 18 meticulously crafted one-bedroom apartments and 6 stylish studio flats. €¢ Dedicated parking space and storage room for each apartment, ensuring convenience and organization. €¢ Tailored for student accommodation, offering a lucrative rental yield. €¢ Architectural planning optimized for modern living, featuring functional internal spaces and chic design elements. €¢ State-of-the-art lift by KONE Company, offering smooth and noiseless operation. €¢ Enhanced security with a comprehensive monitor system for entrance and exit control. €¢ Premium aluminum windows from ALUMIL, equipped with double glazing and superior heat insulation. €¢ Built to stringent anti-earthquake standards, ensuring utmost safety and security. €¢ Exceptional construction quality with high-specification insulations for enhanced comfort and durability. Advantages and Special Features: €¢ Highly sought-after property due to its proximity to the University and tailored amenities, promising continuous demand and robust rental returns.
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Currency Exchange
Aglantzia, 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 €3,150,000 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 |
|---|---|---|---|
| €3,150,000 | £2,600,168 | £2,734,484 | £134,316 |
| Property Price € | €3,150,000 |
| Minimum cost in the last six months | £2,600,168 |
| Maximum cost in the last six months | £2,734,484 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £134,316 |
Aglantzia, 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 €3,150,000 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 |
|---|---|---|---|
| €3,150,000 | £2,600,168 | £2,734,484 | £134,316 |
| Property Price € | €3,150,000 |
| Minimum cost in the last six months | £2,600,168 |
| Maximum cost in the last six months | £2,734,484 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £134,316 |
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 £134,316 more.
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