Apartment, For Sale, Nicosia, Nicosia Center, Lykavitos

Nicosia Center, Cyprus

For Sale

€145,000

REF: 961530 €145,000


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Description

Location * This 2-bedroom apartment is located in Lykavitos, close to all amenities. * It is situated very close to the center of Nicosia, with easy access to shops and services. * A quiet and family-friendly neighborhood, ideal for families. * Surrounded by greenery, making it a perfect place to relax.

External Features * The apartment is part of a four-storey building with its own private parking. * Located in a good neighborhood, surrounded by greenery. Internal Characteristics * Spacious living room with a charming front veranda. * Large, separate kitchen. * Two generously sized, bright bedrooms.

Advantages - Special Features * This apartment is move-in ready and suitable for both personal use and investment purposes. Given its excellent location in Lykavitos, close to the city center yet nestled in a quiet, family-friendly neighborhood, it will always remain in high rental demand. It is ideal for a couple looking to make it their own home, with just a few personal touches or updates.
Location * This 2-bedroom apartment is located in Lykavitos, close to all amenities. * It is situated very close to the center of Nicosia, with easy access to shops and services. * A quiet and family-friendly neighborhood, ideal for families. * Surrounded by greenery, making it a perfect place to relax.

External Features * The apartment is part of a four-storey building with its own private parking. * Located in a good neighborhood, surrounded by greenery. Internal Characteristics * Spacious living room with a charming front veranda. * Large, separate kitchen. * Two generously sized, bright bedrooms.

Advantages - Special Features * This apartment is move-in ready and suitable for both personal use and investment purposes. Given its excellent location in Lykavitos, close to the city center yet nestled in a quiet, family-friendly neighborhood, it will always remain in high rental demand. It is ideal for a couple looking to make it their own home, with just a few personal touches or updates.
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Property on Map

#42240

Currency Exchange

Nicosia Center, 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 €145,000 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
€145,000 £119,466 £125,873 £6,408
Property Price € €145,000
Minimum cost in the last six months £119,466
Maximum cost in the last six months £125,873
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,408

Nicosia Center, 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 €145,000 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
€145,000 £119,466 £125,873 £6,408
Property Price € €145,000
Minimum cost in the last six months £119,466
Maximum cost in the last six months £125,873
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,408

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 £6,408 more.

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