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Apartment, For Sale, Nicosia, Lakatameia
Lakatameia, Cyprus
REF: 933162
€167,000
Description
Location - Elegant two-bedroom penthouse apartment in Lakatamia, an ideal choice for those seeking comfort and quality in a quiet and developing residential area. - With a clear title deed available and no additional VAT, this property represents an excellent investment opportunity or permanent residence in an area that offers easy access to all city amenities. External Features - Floor: 3rd floor - Year of Construction: 2011 - Parking: Uncovered Internal Characteristics - Built in 2011, the apartment is located on the 3rd floor and offers spacious interiors of 79 sq.m., along with two large terraces (37 sq.m. and 11 sq.m.) that provide ample space for relaxation and enjoying the view. With autonomous electric heating, full air conditioning, and a storage room, ensure comfort and functionality for any modern family or professional. Advantages - Special Features - Elevator - Storage Room Available - Title Deed Availability - VAT Exempt - Heating: Autonomous electric heating - Air Conditioning: Full, in all rooms - Furnishing: Equipped with electrical appliances (excluding refrigerator) - Energy Efficiency: N/A
Location - Elegant two-bedroom penthouse apartment in Lakatamia, an ideal choice for those seeking comfort and quality in a quiet and developing residential area. - With a clear title deed available and no additional VAT, this property represents an excellent investment opportunity or permanent residence in an area that offers easy access to all city amenities. External Features - Floor: 3rd floor - Year of Construction: 2011 - Parking: Uncovered Internal Characteristics - Built in 2011, the apartment is located on the 3rd floor and offers spacious interiors of 79 sq.m., along with two large terraces (37 sq.m. and 11 sq.m.) that provide ample space for relaxation and enjoying the view. With autonomous electric heating, full air conditioning, and a storage room, ensure comfort and functionality for any modern family or professional. Advantages - Special Features - Elevator - Storage Room Available - Title Deed Availability - VAT Exempt - Heating: Autonomous electric heating - Air Conditioning: Full, in all rooms - Furnishing: Equipped with electrical appliances (excluding refrigerator) - Energy Efficiency: N/A
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Currency Exchange
Lakatameia, 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 €167,000 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 |
|---|---|---|---|
| €167,000 | £137,835 | £144,971 | £7,136 |
| Property Price € | €167,000 |
| Minimum cost in the last six months | £137,835 |
| Maximum cost in the last six months | £144,971 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,136 |
Lakatameia, 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 €167,000 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 |
|---|---|---|---|
| €167,000 | £137,835 | £144,971 | £7,136 |
| Property Price € | €167,000 |
| Minimum cost in the last six months | £137,835 |
| Maximum cost in the last six months | £144,971 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,136 |
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 £7,136 more.
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