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House Detached in Engomi, Nicosia
5483, Cyprus
REF: 936360
€790,000
Description
Reference ID: #SA35968Price details: 790,000Detached two-storey house with swimming pool in a quiet and beautiful area in Makedonitissa area in Nicosia district.The property is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc.In addition, it has excellent access to the motorway and the center of Nicosia. It enjoys excellent access to the neighboring municipalities and communities. It is also noted that the property is located opposite to and adjacent to green areas.The property was constructed around 1984 and it is in a good state of maintenance.The ground floor consists of a living/dining/siting area, a separate kitchen with a siting area, a utility room, an office, a guestroom (en-suite) and a guest toilet.The first floor consists of five bedrooms (the two are with a shower en-suite), a main bathroom with a toilet, a sitting area and verandas.Outside there is a beautiful garden area with trees and grass, covered/ uncovered verandas, swimming pool, boiler room a storage and covered parking space for 2 vehicles.It also has a barbeque area with a stove and a pergola.The area of the internal spaces is 496 sqm (approx.), the covered verandas is 30 sqm (approx.) the uncovered veranda is 32 sqm (approx.) and the plot 1,114 sqm.Note that the property is occupied.
Reference ID: #SA35968Price details: 790,000Detached two-storey house with swimming pool in a quiet and beautiful area in Makedonitissa area in Nicosia district.The property is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc.In addition, it has excellent access to the motorway and the center of Nicosia. It enjoys excellent access to the neighboring municipalities and communities. It is also noted that the property is located opposite to and adjacent to green areas.The property was constructed around 1984 and it is in a good state of maintenance.The ground floor consists of a living/dining/siting area, a separate kitchen with a siting area, a utility room, an office, a guestroom (en-suite) and a guest toilet.The first floor consists of five bedrooms (the two are with a shower en-suite), a main bathroom with a toilet, a sitting area and verandas.Outside there is a beautiful garden area with trees and grass, covered/ uncovered verandas, swimming pool, boiler room a storage and covered parking space for 2 vehicles.It also has a barbeque area with a stove and a pergola.The area of the internal spaces is 496 sqm (approx.), the covered verandas is 30 sqm (approx.) the uncovered veranda is 32 sqm (approx.) and the plot 1,114 sqm.Note that the property is occupied.
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Currency Exchange
5483, 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 €790,000 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 |
|---|---|---|---|
| €790,000 | £650,881 | £685,791 | £34,910 |
| Property Price € | €790,000 |
| Minimum cost in the last six months | £650,881 |
| Maximum cost in the last six months | £685,791 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,910 |
5483, 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 €790,000 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 |
|---|---|---|---|
| €790,000 | £650,881 | £685,791 | £34,910 |
| Property Price € | €790,000 |
| Minimum cost in the last six months | £650,881 |
| Maximum cost in the last six months | £685,791 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,910 |
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 £34,910 more.
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