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Apartment, For Sale, Nicosia, Strovolos, Agios Vasileios
Strovolos, Cyprus
REF: 920649
€275,000
Description
Location €¢ Situated within walking distance of the American Medical Center. €¢ Close to a variety of amenities, including: o Schools o Supermarkets o Shops o Other essential services External Features €¢ Constructed in 2011, part of a mixed-use complex (shops and apartments). €¢ Located on the second floor of the building. €¢ Modern external appearance, well-maintained, and in good condition. Internal Characteristics €¢ Open-plan layout including: o Kitchen o Living room o Dining area €¢ Three spacious bedrooms: o Master bedroom with en-suite bathroom, toilet, and wardrobe. o Two additional bedrooms. €¢ Additional spaces include: o Common bathroom with WC o Guest WC o Covered veranda €¢ Total areas: o Internal space: 135 sqm o Covered veranda: 25 sqm €¢ Includes a covered parking space in the basement. Advantages & Special Features €¢ Vacant property ideal for: o Rental investment (short-term or long-term) o Private use €¢ The property has a distribution agreement. o The share for sale (149/1000) pertains to apartment door no. 203 (highlighted in red on the attached plan). €¢ Excellent location benefits: o Easy access to amenities, Nicosia City Center, and two major highways leading to other cities and the Troodos mountains.
Location €¢ Situated within walking distance of the American Medical Center. €¢ Close to a variety of amenities, including: o Schools o Supermarkets o Shops o Other essential services External Features €¢ Constructed in 2011, part of a mixed-use complex (shops and apartments). €¢ Located on the second floor of the building. €¢ Modern external appearance, well-maintained, and in good condition. Internal Characteristics €¢ Open-plan layout including: o Kitchen o Living room o Dining area €¢ Three spacious bedrooms: o Master bedroom with en-suite bathroom, toilet, and wardrobe. o Two additional bedrooms. €¢ Additional spaces include: o Common bathroom with WC o Guest WC o Covered veranda €¢ Total areas: o Internal space: 135 sqm o Covered veranda: 25 sqm €¢ Includes a covered parking space in the basement. Advantages & Special Features €¢ Vacant property ideal for: o Rental investment (short-term or long-term) o Private use €¢ The property has a distribution agreement. o The share for sale (149/1000) pertains to apartment door no. 203 (highlighted in red on the attached plan). €¢ Excellent location benefits: o Easy access to amenities, Nicosia City Center, and two major highways leading to other cities and the Troodos mountains.
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Currency Exchange
Strovolos, 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £226,573 | £238,725 | £12,152 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £226,573 |
| Maximum cost in the last six months | £238,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,152 |
Strovolos, 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £226,573 | £238,725 | £12,152 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £226,573 |
| Maximum cost in the last six months | £238,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,152 |
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 £12,152 more.
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