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Apartment, For Sale, Nicosia, Lakatameia, Archangelos
Lakatameia, Cyprus
REF: 979936
€160,000
Description
Location €¢ Situated in the sought-after Archangelos area, within Lakatameia Municipality, just outside central Nicosia. €¢ Peaceful, green residential neighborhood known for its tranquil atmosphere and excellent accessibility. €¢ Conveniently close to key destinations: o Nicosia city centre 1.5 km o Pascal Private School 4 km o Apollonio Private Hospital 3.4 km o Supermarkets, restaurants, cafés within walking or short driving distance €¢ Ideal for families and professionals seeking a suburban feel with urban conveniences. External Features €¢ Modern 3-storey residential building with only 8 apartments, ensuring privacy and exclusivity. €¢ Adjacent to a lush public park, offering natural surroundings and recreational space. €¢ First-floor apartments enjoy a private landscaped garden. €¢ Contemporary architecture that blends beautifully into the neighborhood. Internal Characteristics of Apartment 101 €¢ Located on the 1st floor €¢ Internal area: 56.4 m² €¢ Verandas: 36 m² (15.5 m² covered) €¢ Private garden: 15 m² €¢ 1 covered parking space and 1 storage room included €¢ High-quality specifications: o Double-glazed windows o Pre-installed air-conditioning o Electric shutters o Provision for electric heating o Pipe-in-pipe plumbing system o Modern kitchen and bathroom finishes Key Advantages & Special Features €¢ Unique location directly next to a park rare in urban settings. €¢ Quiet, private living with only 8 residences in the building. €¢ Energy Efficiency Certificate: Category A eco-friendly and cost-effective. €¢ Garden apartments offer private outdoor space for relaxation or gardening. €¢ Proximity to services, schools, hospitals, and transport links adds exceptional convenience.
Location €¢ Situated in the sought-after Archangelos area, within Lakatameia Municipality, just outside central Nicosia. €¢ Peaceful, green residential neighborhood known for its tranquil atmosphere and excellent accessibility. €¢ Conveniently close to key destinations: o Nicosia city centre 1.5 km o Pascal Private School 4 km o Apollonio Private Hospital 3.4 km o Supermarkets, restaurants, cafés within walking or short driving distance €¢ Ideal for families and professionals seeking a suburban feel with urban conveniences. External Features €¢ Modern 3-storey residential building with only 8 apartments, ensuring privacy and exclusivity. €¢ Adjacent to a lush public park, offering natural surroundings and recreational space. €¢ First-floor apartments enjoy a private landscaped garden. €¢ Contemporary architecture that blends beautifully into the neighborhood. Internal Characteristics of Apartment 101 €¢ Located on the 1st floor €¢ Internal area: 56.4 m² €¢ Verandas: 36 m² (15.5 m² covered) €¢ Private garden: 15 m² €¢ 1 covered parking space and 1 storage room included €¢ High-quality specifications: o Double-glazed windows o Pre-installed air-conditioning o Electric shutters o Provision for electric heating o Pipe-in-pipe plumbing system o Modern kitchen and bathroom finishes Key Advantages & Special Features €¢ Unique location directly next to a park rare in urban settings. €¢ Quiet, private living with only 8 residences in the building. €¢ Energy Efficiency Certificate: Category A eco-friendly and cost-effective. €¢ Garden apartments offer private outdoor space for relaxation or gardening. €¢ Proximity to services, schools, hospitals, and transport links adds exceptional convenience.
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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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,058 | £138,894 | £6,837 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,058 |
| Maximum cost in the last six months | £138,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,837 |
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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,058 | £138,894 | £6,837 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,058 |
| Maximum cost in the last six months | £138,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,837 |
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 £6,837 more.
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