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House, For Sale, Nicosia, Geri
Geri, Cyprus
REF: 983303
€900,000
Description
Location €¢ This luxury detached house is ideally situated within a large residential field of 6,076 sq.m. on the outskirts of Geri, Nicosia. €¢ The property enjoys a peaceful setting, approximately 1.5 km from the heart of Geri and just 1.6 km from the scenic Athalassa National Forest Park, offering both tranquility and convenience. €¢ It falls within Planning Zone Κα8, allowing for 60% building density, 35% coverage, and up to two floors (maximum height 8.3 meters). External Features €¢ The residence is surrounded by expansive, beautifully maintained grounds that include a landscaped garden and an inviting barbecue area€”perfect for outdoor entertaining. €¢ Additional facilities include a boiler room, a storage room, and both covered and uncovered verandas that enhance the connection between indoor and outdoor spaces. €¢ Pool Potential: Ample space available for the addition of a private swimming pool. Internal Characteristics €¢ Designed for comfort and functionality, the ground floor of the home features a spacious entrance hall, a bright open-plan living and dining area complete with a bar, and a cozy sitting area with a fireplace. €¢ A separate office provides a quiet space for work or study. €¢ The large kitchen is complemented by a dedicated laundry room. €¢ There are four well-sized bedrooms, including a master suite with a walk-in wardrobe and en-suite bathroom. €¢ A guest toilet and an additional bathroom complete the ground floor amenities. €¢ The first floor is accessible via an internal staircase and offers a storage area along with more covered and uncovered veranda space. Advantages & Special Features €¢ This property stands out for its luxurious layout and generous plot size, offering privacy and potential for future enhancements. €¢ The meticulously landscaped garden and well-planned outdoor spaces provide an ideal environment for family life and hosting guests. Its proximity to the Athalassa National Forest Park adds a natural retreat to the lifestyle offered.
Location €¢ This luxury detached house is ideally situated within a large residential field of 6,076 sq.m. on the outskirts of Geri, Nicosia. €¢ The property enjoys a peaceful setting, approximately 1.5 km from the heart of Geri and just 1.6 km from the scenic Athalassa National Forest Park, offering both tranquility and convenience. €¢ It falls within Planning Zone Κα8, allowing for 60% building density, 35% coverage, and up to two floors (maximum height 8.3 meters). External Features €¢ The residence is surrounded by expansive, beautifully maintained grounds that include a landscaped garden and an inviting barbecue area€”perfect for outdoor entertaining. €¢ Additional facilities include a boiler room, a storage room, and both covered and uncovered verandas that enhance the connection between indoor and outdoor spaces. €¢ Pool Potential: Ample space available for the addition of a private swimming pool. Internal Characteristics €¢ Designed for comfort and functionality, the ground floor of the home features a spacious entrance hall, a bright open-plan living and dining area complete with a bar, and a cozy sitting area with a fireplace. €¢ A separate office provides a quiet space for work or study. €¢ The large kitchen is complemented by a dedicated laundry room. €¢ There are four well-sized bedrooms, including a master suite with a walk-in wardrobe and en-suite bathroom. €¢ A guest toilet and an additional bathroom complete the ground floor amenities. €¢ The first floor is accessible via an internal staircase and offers a storage area along with more covered and uncovered veranda space. Advantages & Special Features €¢ This property stands out for its luxurious layout and generous plot size, offering privacy and potential for future enhancements. €¢ The meticulously landscaped garden and well-planned outdoor spaces provide an ideal environment for family life and hosting guests. Its proximity to the Athalassa National Forest Park adds a natural retreat to the lifestyle offered.
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Currency Exchange
Geri, 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 €900,000 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 |
|---|---|---|---|
| €900,000 | £742,824 | £781,281 | £38,457 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £742,824 |
| Maximum cost in the last six months | £781,281 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,457 |
Geri, 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 €900,000 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 |
|---|---|---|---|
| €900,000 | £742,824 | £781,281 | £38,457 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £742,824 |
| Maximum cost in the last six months | £781,281 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,457 |
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 £38,457 more.
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