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Apartment, For Sale, Nicosia, Lakatameia
Lakatameia, Cyprus
REF: 983639
€185,000
Description
Location Ideally situated in a peaceful residential area of Agia Paraskevi, Lakatameia, this modern two-bedroom apartment offers the perfect balance between quiet suburban living and city convenience. €¢ Excellent connectivity to Nicosia city center via Ippokratous and Tseriou Avenues €¢ Immediate access to the new ring road, leading directly to the NicosiaLimassol highway €¢ Close proximity to schools, supermarkets, and essential services External Features This residence is part of a small, modern building designed for comfort and privacy. €¢ Three-storey building with only 8 apartments in total €¢ Contemporary architecture with an impressive façade €¢ Designed and constructed to meet Energy Efficiency Category A standards Thermal Insulation & Waterproofing: €¢ Roof: 10 cm extruded polystyrene insulation, reinforced screed, and dual-layer polyester waterproofing membrane with mineral slate finish €¢ Perimeter: Liquid polymer and cementitious waterproofing on verandas and fences €¢ Walls: 8 cm thermal façade system with textured acrylic plaster Internal Characteristics Apartment 203 is designed to offer both style and functionality: €¢ Open-plan living room and kitchen for a modern, spacious feel €¢ Two comfortable bedrooms, including one with en-suite bathroom. covered parking space and storage room on the ground floor. €¢ Main full bathroom for added convenience €¢ Internal area: 77 m² €¢ Covered verandas: 18 m² Advantages & Special Features Energy & Efficiency: €¢ 2kW Photovoltaic system fully licensed by EAC for each apartment €¢ Thermal aluminum frames from MUSKITAS (MU3000 & MU2075 Thermal Series) €¢ Double glazing: 4mm Climaguard Solar + 5mm clear glass for optimal thermal and solar performance Comfort & Convenience: €¢ Provisions for split-unit air conditioning and electric heating in all rooms €¢ Electric shutter provisions in all bedrooms €¢ Pressurized water system included Plumbing & Water Supply: €¢ Concealed pipe-in-pipe plumbing system €¢ Durable plastic drainage network €¢ Solar water heater and water tank system: o 2-bedroom unit: 200L tank + 1.5 m² solar panel o 1,100L cold water tank per apartment Why Choose This Property? This apartment is a standout choice for homeowners and investors alike: €¢ Located in a highly demanded, quiet neighborhood €¢ Small building ensures privacy and community feel €¢ Offers fast access to both the city and the highway, connecting to all cities, ports, and airports €¢ Combines modern aesthetics with high energy efficiency and future-ready provisions
Location Ideally situated in a peaceful residential area of Agia Paraskevi, Lakatameia, this modern two-bedroom apartment offers the perfect balance between quiet suburban living and city convenience. €¢ Excellent connectivity to Nicosia city center via Ippokratous and Tseriou Avenues €¢ Immediate access to the new ring road, leading directly to the NicosiaLimassol highway €¢ Close proximity to schools, supermarkets, and essential services External Features This residence is part of a small, modern building designed for comfort and privacy. €¢ Three-storey building with only 8 apartments in total €¢ Contemporary architecture with an impressive façade €¢ Designed and constructed to meet Energy Efficiency Category A standards Thermal Insulation & Waterproofing: €¢ Roof: 10 cm extruded polystyrene insulation, reinforced screed, and dual-layer polyester waterproofing membrane with mineral slate finish €¢ Perimeter: Liquid polymer and cementitious waterproofing on verandas and fences €¢ Walls: 8 cm thermal façade system with textured acrylic plaster Internal Characteristics Apartment 203 is designed to offer both style and functionality: €¢ Open-plan living room and kitchen for a modern, spacious feel €¢ Two comfortable bedrooms, including one with en-suite bathroom. covered parking space and storage room on the ground floor. €¢ Main full bathroom for added convenience €¢ Internal area: 77 m² €¢ Covered verandas: 18 m² Advantages & Special Features Energy & Efficiency: €¢ 2kW Photovoltaic system fully licensed by EAC for each apartment €¢ Thermal aluminum frames from MUSKITAS (MU3000 & MU2075 Thermal Series) €¢ Double glazing: 4mm Climaguard Solar + 5mm clear glass for optimal thermal and solar performance Comfort & Convenience: €¢ Provisions for split-unit air conditioning and electric heating in all rooms €¢ Electric shutter provisions in all bedrooms €¢ Pressurized water system included Plumbing & Water Supply: €¢ Concealed pipe-in-pipe plumbing system €¢ Durable plastic drainage network €¢ Solar water heater and water tank system: o 2-bedroom unit: 200L tank + 1.5 m² solar panel o 1,100L cold water tank per apartment Why Choose This Property? This apartment is a standout choice for homeowners and investors alike: €¢ Located in a highly demanded, quiet neighborhood €¢ Small building ensures privacy and community feel €¢ Offers fast access to both the city and the highway, connecting to all cities, ports, and airports €¢ Combines modern aesthetics with high energy efficiency and future-ready provisions
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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 €185,000 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 |
|---|---|---|---|
| €185,000 | £152,692 | £160,597 | £7,905 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £152,692 |
| Maximum cost in the last six months | £160,597 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,905 |
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 €185,000 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 |
|---|---|---|---|
| €185,000 | £152,692 | £160,597 | £7,905 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £152,692 |
| Maximum cost in the last six months | £160,597 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,905 |
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 £7,905 more.
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