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The design of any remarkable building should directly respond to its site's unique constraints and characteristics, and this Residence embodies this principle wholeheartedly
Nicosia Centre, Nicosia, Cyprus
REF: 987771
€838,000
Description
The design of any remarkable building should directly respond to its site's unique constraints and characteristics, and this Residence embodies this principle wholeheartedly. Therefore, it exemplifies a distinctive architectural typology, showcasing its remarkable individuality. The base serves as the foundation of the building, framing the street or public space and proudly presenting the entrance while creating active frontages. The towering shaft of the building, the main element, significantly contributes to the prominence of the structure, its impact on the surrounding environment, and the microclimate. Finally, the roof of the building acts as a crown, completing the majestic tower. The building s exterior showcases a timber-clad facade adorned with intertwining plates that gracefully serve as balconies, providing breathtaking sky views above Nicosia s trendiest artistic and business hub. The balconies, designed distinctively, optimise natural sunlight and create a staggered layout of living areas, promoting privacy. A visually striking feature of the building is the projecting brise soleil, following the contours of the facade. These elements soften the perceived mass of the building, provide shade to the living spaces, and channel daylight into the apartments, creating a seamless indoor-outdoor living experience. The southern facade boasts expansive glazed sections, offering awe-inspiring vistas of the New City. In contrast, the north-facing elevation, where the bedrooms are situated, provides a more private and introspective atmosphere, seamlessly blending the building with the surrounding urban fabric. Inside each apartment, the designs are based on elegance and functionality, with calm and uncluttered spaces allowing residents to arrange the living areas in different ways. There are many excellent shops, restaurants, cafes, museums, art galleries, and historic churches within proximity. Please get in touch with Elit Blue for further information.
The design of any remarkable building should directly respond to its site's unique constraints and characteristics, and this Residence embodies this principle wholeheartedly. Therefore, it exemplifies a distinctive architectural typology, showcasing its remarkable individuality. The base serves as the foundation of the building, framing the street or public space and proudly presenting the entrance while creating active frontages. The towering shaft of the building, the main element, significantly contributes to the prominence of the structure, its impact on the surrounding environment, and the microclimate. Finally, the roof of the building acts as a crown, completing the majestic tower. The building s exterior showcases a timber-clad facade adorned with intertwining plates that gracefully serve as balconies, providing breathtaking sky views above Nicosia s trendiest artistic and business hub. The balconies, designed distinctively, optimise natural sunlight and create a staggered layout of living areas, promoting privacy. A visually striking feature of the building is the projecting brise soleil, following the contours of the facade. These elements soften the perceived mass of the building, provide shade to the living spaces, and channel daylight into the apartments, creating a seamless indoor-outdoor living experience. The southern facade boasts expansive glazed sections, offering awe-inspiring vistas of the New City. In contrast, the north-facing elevation, where the bedrooms are situated, provides a more private and introspective atmosphere, seamlessly blending the building with the surrounding urban fabric. Inside each apartment, the designs are based on elegance and functionality, with calm and uncluttered spaces allowing residents to arrange the living areas in different ways. There are many excellent shops, restaurants, cafes, museums, art galleries, and historic churches within proximity. Please get in touch with Elit Blue for further information.
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Currency Exchange
Nicosia Centre, Nicosia, 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 €838,000 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 |
|---|---|---|---|
| €838,000 | £691,727 | £733,518 | £41,791 |
| Property Price € | €838,000 |
| Minimum cost in the last six months | £691,727 |
| Maximum cost in the last six months | £733,518 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,791 |
Nicosia Centre, Nicosia, 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 €838,000 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 |
|---|---|---|---|
| €838,000 | £691,727 | £733,518 | £41,791 |
| Property Price € | €838,000 |
| Minimum cost in the last six months | £691,727 |
| Maximum cost in the last six months | £733,518 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,791 |
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 £41,791 more.
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