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House, For Sale, Nicosia, Palaiometocho
Palaiometocho, Cyprus
REF: 925453
€375,000
Description
Location €¢ Located in the Palaiometocho community within the Nicosia district. €¢ Situated in the heart of the village center, just 350 meters east of A€™ Paliometocho Primary School. €¢ Close to supermarkets, services, and private schools such as Olympion and Paschal. €¢ The Nicosia Mall is a short drive away, providing easy access to shopping and entertainment. €¢ Conveniently connected to Nicosia city center and the Nicosia-Troodos highway. ________________________________________ External Features €¢ Part of a larger parcel, which includes two detached houses. €¢ The house for sale corresponds to the southeastern half of the property, covering a land area of approximately 998 sqm (section A, marked in red on the drawing). €¢ Fenced parcel with verandas, a spacious yard, and a garden€”ideal for relaxation and outdoor activities. €¢ Attractive and impressive exterior design. ________________________________________ Internal Characteristics Constructed in 1997, this split-level home offers ample living space: €¢ Total Internal Area: Approximately 390 sqm. €¢ Covered Verandas: Approximately 50 sqm. €¢ Uncovered Verandas: Approximately 30 sqm. €¢ Lower Ground Floor: Approximately 50 sqm. Layout Details: €¢ Ground Floor: o Large living and dining area. o Separate kitchen. o Office room. o One bedroom. o Utility room. o Guest toilet. €¢ Upper Floor: o Four spacious bedrooms. o One bathroom/WC. €¢ Lower Ground Floor: o Storage area. o One covered and one uncovered parking spaces ________________________________________ Advantages / Special Features €¢ Large property situated on a substantial plot in a prime and convenient location. €¢ Vacant and ready for immediate occupancy. €¢ Suitable as a private family home or as a rental property with excellent investment potential. €¢ Central location ensures accessibility to essential amenities, schools, and major road networks.
Location €¢ Located in the Palaiometocho community within the Nicosia district. €¢ Situated in the heart of the village center, just 350 meters east of A€™ Paliometocho Primary School. €¢ Close to supermarkets, services, and private schools such as Olympion and Paschal. €¢ The Nicosia Mall is a short drive away, providing easy access to shopping and entertainment. €¢ Conveniently connected to Nicosia city center and the Nicosia-Troodos highway. ________________________________________ External Features €¢ Part of a larger parcel, which includes two detached houses. €¢ The house for sale corresponds to the southeastern half of the property, covering a land area of approximately 998 sqm (section A, marked in red on the drawing). €¢ Fenced parcel with verandas, a spacious yard, and a garden€”ideal for relaxation and outdoor activities. €¢ Attractive and impressive exterior design. ________________________________________ Internal Characteristics Constructed in 1997, this split-level home offers ample living space: €¢ Total Internal Area: Approximately 390 sqm. €¢ Covered Verandas: Approximately 50 sqm. €¢ Uncovered Verandas: Approximately 30 sqm. €¢ Lower Ground Floor: Approximately 50 sqm. Layout Details: €¢ Ground Floor: o Large living and dining area. o Separate kitchen. o Office room. o One bedroom. o Utility room. o Guest toilet. €¢ Upper Floor: o Four spacious bedrooms. o One bathroom/WC. €¢ Lower Ground Floor: o Storage area. o One covered and one uncovered parking spaces ________________________________________ Advantages / Special Features €¢ Large property situated on a substantial plot in a prime and convenient location. €¢ Vacant and ready for immediate occupancy. €¢ Suitable as a private family home or as a rental property with excellent investment potential. €¢ Central location ensures accessibility to essential amenities, schools, and major road networks.
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Currency Exchange
Palaiometocho, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £309,544 | £325,534 | £15,990 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £309,544 |
| Maximum cost in the last six months | £325,534 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,990 |
Palaiometocho, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £309,544 | £325,534 | £15,990 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £309,544 |
| Maximum cost in the last six months | £325,534 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,990 |
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 £15,990 more.
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