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Apartment, For Sale, Nicosia, Pallouriotissa
Georgiou Ioannidi, Nicosia 1040, Cyprus, Pallouriotissa, Cyprus
REF: 818350
€140,000
Description
Location €¢ This one-bedroom apartment is in prime location in Pallouriotissa , 850 metres away (3 minutes) from Frederick University. €¢ Easy access is also available for the Nicosia Limassol highway and the city centre. €¢ It is situated in a very convenient and quiet neighbourhood, located close to all services and amenities. External Features €¢ The building is 12 years old, in very good condition. €¢ It consists of 3 floors and 9 apartments only. €¢ The apartment is on the 1st floor. Internal Characteristics €¢ The internal space of the apartment is 57 sqm, and a covered veranda of 6sqm. €¢ Step into a generously sized living room that welcomes you with abundant natural light and an open layout with an open plan kitchen. €¢ The living area provides flexibility for various furniture arrangements, allowing you to create a cozy space for relaxation or an entertainment hub for guests. €¢ One well sized bedroom with a shower and a toilet. Advantages - Special Features €¢ Electrical appliances included. €¢ Air conditioners in all areas. (cold-hot) €¢ Solar panels for hot water. €¢ One covered parking space. €¢ Storage room. €¢ Great investment opportunity with a good return yield or for own use.
Location €¢ This one-bedroom apartment is in prime location in Pallouriotissa , 850 metres away (3 minutes) from Frederick University. €¢ Easy access is also available for the Nicosia Limassol highway and the city centre. €¢ It is situated in a very convenient and quiet neighbourhood, located close to all services and amenities. External Features €¢ The building is 12 years old, in very good condition. €¢ It consists of 3 floors and 9 apartments only. €¢ The apartment is on the 1st floor. Internal Characteristics €¢ The internal space of the apartment is 57 sqm, and a covered veranda of 6sqm. €¢ Step into a generously sized living room that welcomes you with abundant natural light and an open layout with an open plan kitchen. €¢ The living area provides flexibility for various furniture arrangements, allowing you to create a cozy space for relaxation or an entertainment hub for guests. €¢ One well sized bedroom with a shower and a toilet. Advantages - Special Features €¢ Electrical appliances included. €¢ Air conditioners in all areas. (cold-hot) €¢ Solar panels for hot water. €¢ One covered parking space. €¢ Storage room. €¢ Great investment opportunity with a good return yield or for own use.
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Currency Exchange
Georgiou Ioannidi, Nicosia 1040, Cyprus, Pallouriotissa, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £117,505 | £120,758 | £3,254 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £117,505 |
| Maximum cost in the last six months | £120,758 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,254 |
Georgiou Ioannidi, Nicosia 1040, Cyprus, Pallouriotissa, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £117,505 | £120,758 | £3,254 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £117,505 |
| Maximum cost in the last six months | £120,758 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,254 |
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 £3,254 more.
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