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Apartment, For Sale, Nicosia, Lakatameia, Archangelos
Lakatameia, Cyprus
REF: 979937
€155,000
Description
Location Located in the highly sought-after Archangelos area within Lakatameia Municipality, just outside central Nicosia. This peaceful and green residential neighborhood is known for its tranquil atmosphere and excellent accessibility. Key destinations nearby include: Nicosia city center 1.5 km Pascal Private School 4 km Apollonio Private Hospital 3.4 km Supermarkets, restaurants, and cafés all within walking or short driving distance An ideal setting for families and professionals seeking a suburban lifestyle with urban convenience. External Features A modern three-storey residential building comprising only eight apartments, offering privacy and exclusivity. Adjacent to a lush public park, the property enjoys natural surroundings and easy access to recreational space. First-floor apartments benefit from private landscaped gardens. The architectural design is contemporary, blending harmoniously into the neighborhood. Internal Characteristics Apartment 102 First-floor apartment Internal area: 54.6 m² Verandas: 31.5 m² (23.3 m² covered) Private garden: 10.3 m² Includes one covered parking space and a private storage room High-quality specifications include: Double-glazed windows Pre-installed air-conditioning Electric shutters Provision for electric heating Pipe-in-pipe plumbing system Stylish kitchen and bathroom finishes Key Advantages & Special Features Direct park-side location a rare urban advantage Quiet, private setting with only eight residences in the building Energy Efficiency Certificate: Category A Ground-floor apartments with private gardens for outdoor living Close proximity to schools, hospitals, essential services, and transport links
Location Located in the highly sought-after Archangelos area within Lakatameia Municipality, just outside central Nicosia. This peaceful and green residential neighborhood is known for its tranquil atmosphere and excellent accessibility. Key destinations nearby include: Nicosia city center 1.5 km Pascal Private School 4 km Apollonio Private Hospital 3.4 km Supermarkets, restaurants, and cafés all within walking or short driving distance An ideal setting for families and professionals seeking a suburban lifestyle with urban convenience. External Features A modern three-storey residential building comprising only eight apartments, offering privacy and exclusivity. Adjacent to a lush public park, the property enjoys natural surroundings and easy access to recreational space. First-floor apartments benefit from private landscaped gardens. The architectural design is contemporary, blending harmoniously into the neighborhood. Internal Characteristics Apartment 102 First-floor apartment Internal area: 54.6 m² Verandas: 31.5 m² (23.3 m² covered) Private garden: 10.3 m² Includes one covered parking space and a private storage room High-quality specifications include: Double-glazed windows Pre-installed air-conditioning Electric shutters Provision for electric heating Pipe-in-pipe plumbing system Stylish kitchen and bathroom finishes Key Advantages & Special Features Direct park-side location a rare urban advantage Quiet, private setting with only eight residences in the building Energy Efficiency Certificate: Category A Ground-floor apartments with private gardens for outdoor living Close proximity to schools, hospitals, essential services, and transport links
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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 €155,000 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 |
|---|---|---|---|
| €155,000 | £127,945 | £135,675 | £7,730 |
| Property Price € | €155,000 |
| Minimum cost in the last six months | £127,945 |
| Maximum cost in the last six months | £135,675 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,730 |
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 €155,000 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 |
|---|---|---|---|
| €155,000 | £127,945 | £135,675 | £7,730 |
| Property Price € | €155,000 |
| Minimum cost in the last six months | £127,945 |
| Maximum cost in the last six months | £135,675 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,730 |
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 £7,730 more.
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