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House, For Sale, Nicosia, Lakatameia, Archangelos
Lakatameia, Cyprus
REF: 975505
€720,000
Description
Location: - Enjoy privacy and calm in one of the most sought-after areas of LakatamiaArchangelos. Ideally positioned just 2 minutes from Zorbas Bakery (Anthoupolis) and 5 minutes from the Mall of Nicosia, this quiet neighborhood offers easy access to schools, supermarkets, and daily essentials€”making it an excellent choice for families. External Features: - Sitting on a generous 1,436 sq.m. land, this home offers extensive outdoor space, including a well-kept courtyard, a BBQ area, and plenty of room for relaxing or entertaining. - There€™s covered parking for two cars, plus space for two more. - Built in 1998 with high-quality materials, the property is solid and well-maintained. While it could benefit from some cosmetic updates, its size and layout offer outstanding potential in a top location. Internal Characteristics: - Offering 309 sq.m. of covered space, plus 61 sq.m. of covered verandas and 32 sq.m. uncovered, this home is made for comfortable, spacious living. - The ground floor features an open-plan living and dining area full of natural light, a large functional kitchen, and a private office€”ideal for working from home. - Upstairs, you€™ll find three large bedrooms, including a master with en-suite bathroom. - The basement includes a fully self-contained maid€™s or guest room, complete with its own kitchenette, sitting area, and shower€”perfect for extended family, guests, or help. Advantages & Special Features: €¢ Full set of electrical appliances included €¢ Central heating (petrol) €¢ Air conditioning throughout €¢ Double-glazed windows €¢ Hot water system with automated timer €¢ Large attic with excellent storage space €¢ Huge roof terrace (A high-quality layer was applied on the roof for waterproofing and thermal insulation in 2023) ideal for a future roof garden €¢ Automated irrigation system for garden and lawn €¢ Private water well with clean, high-quality water Why You€™ll Love It: If you€™re looking for space, privacy, and convenience, this home has it all. Located in a quiet, family-friendly area with a massive plot and bright interiors, it offers rare potential to create your dream living space just minutes from city life.
Location: - Enjoy privacy and calm in one of the most sought-after areas of LakatamiaArchangelos. Ideally positioned just 2 minutes from Zorbas Bakery (Anthoupolis) and 5 minutes from the Mall of Nicosia, this quiet neighborhood offers easy access to schools, supermarkets, and daily essentials€”making it an excellent choice for families. External Features: - Sitting on a generous 1,436 sq.m. land, this home offers extensive outdoor space, including a well-kept courtyard, a BBQ area, and plenty of room for relaxing or entertaining. - There€™s covered parking for two cars, plus space for two more. - Built in 1998 with high-quality materials, the property is solid and well-maintained. While it could benefit from some cosmetic updates, its size and layout offer outstanding potential in a top location. Internal Characteristics: - Offering 309 sq.m. of covered space, plus 61 sq.m. of covered verandas and 32 sq.m. uncovered, this home is made for comfortable, spacious living. - The ground floor features an open-plan living and dining area full of natural light, a large functional kitchen, and a private office€”ideal for working from home. - Upstairs, you€™ll find three large bedrooms, including a master with en-suite bathroom. - The basement includes a fully self-contained maid€™s or guest room, complete with its own kitchenette, sitting area, and shower€”perfect for extended family, guests, or help. Advantages & Special Features: €¢ Full set of electrical appliances included €¢ Central heating (petrol) €¢ Air conditioning throughout €¢ Double-glazed windows €¢ Hot water system with automated timer €¢ Large attic with excellent storage space €¢ Huge roof terrace (A high-quality layer was applied on the roof for waterproofing and thermal insulation in 2023) ideal for a future roof garden €¢ Automated irrigation system for garden and lawn €¢ Private water well with clean, high-quality water Why You€™ll Love It: If you€™re looking for space, privacy, and convenience, this home has it all. Located in a quiet, family-friendly area with a massive plot and bright interiors, it offers rare potential to create your dream living space just minutes from city life.
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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 €720,000 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 |
|---|---|---|---|
| €720,000 | £593,208 | £625,025 | £31,817 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £593,208 |
| Maximum cost in the last six months | £625,025 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,817 |
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 €720,000 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 |
|---|---|---|---|
| €720,000 | £593,208 | £625,025 | £31,817 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £593,208 |
| Maximum cost in the last six months | £625,025 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,817 |
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 £31,817 more.
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