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House, For Sale, Nicosia, Strovolos, Archangelos
Strovolos, Cyprus
REF: 991114
€780,000
Description
Location €¢ This spacious four-bedroom house is situated in a quiet residential area of Archangelos, Nicosia, near to Archaggelou Michael Avenue and approximately 2km east of Nicosia Mall. €¢ The property enjoys excellent connectivity to the city center and surrounding amenities, while being positioned in a peaceful neighborhood ideal for families. External Features €¢ The property sits on a generous plot and features two covered parking areas for added convenience. €¢ The exterior design blends traditional and modern elements, offering both style and functionality. The house also benefits from well-defined outdoor spaces suitable for landscaping or future enhancements. Internal Characteristics With a total internal area of 430 sqm, the house is spread across three levels. €¢ The ground floor (210 sqm) features a spacious open-plan layout combining the living and dining areas, a large kitchen with an additional sitting and dining area, and a guest toilet. €¢ The first floor (220 sqm) comprises four generously sized en-suite bedrooms, providing privacy and comfort for each resident. €¢ The basement (approximately 200 sqm) includes practical and luxury amenities such as storage rooms, a wine cellar, and a laundry area. Advantages & Special Features €¢ All bedrooms are en-suite, ideal for modern family living. €¢ The basement offers added value with a wine cellar€”perfect for enthusiasts. €¢ Covered parking for two vehicles. €¢ The home offers an exceptional amount of living space, ideal for large families or those who love to entertain. €¢ Located in a sought-after area with quick access to major avenues, Nicosia Mall, and other key services. This property offers a rare combination of generous space, functionality, and prime location, making it an excellent opportunity for comfortable residential living in Nicosia
Location €¢ This spacious four-bedroom house is situated in a quiet residential area of Archangelos, Nicosia, near to Archaggelou Michael Avenue and approximately 2km east of Nicosia Mall. €¢ The property enjoys excellent connectivity to the city center and surrounding amenities, while being positioned in a peaceful neighborhood ideal for families. External Features €¢ The property sits on a generous plot and features two covered parking areas for added convenience. €¢ The exterior design blends traditional and modern elements, offering both style and functionality. The house also benefits from well-defined outdoor spaces suitable for landscaping or future enhancements. Internal Characteristics With a total internal area of 430 sqm, the house is spread across three levels. €¢ The ground floor (210 sqm) features a spacious open-plan layout combining the living and dining areas, a large kitchen with an additional sitting and dining area, and a guest toilet. €¢ The first floor (220 sqm) comprises four generously sized en-suite bedrooms, providing privacy and comfort for each resident. €¢ The basement (approximately 200 sqm) includes practical and luxury amenities such as storage rooms, a wine cellar, and a laundry area. Advantages & Special Features €¢ All bedrooms are en-suite, ideal for modern family living. €¢ The basement offers added value with a wine cellar€”perfect for enthusiasts. €¢ Covered parking for two vehicles. €¢ The home offers an exceptional amount of living space, ideal for large families or those who love to entertain. €¢ Located in a sought-after area with quick access to major avenues, Nicosia Mall, and other key services. This property offers a rare combination of generous space, functionality, and prime location, making it an excellent opportunity for comfortable residential living in Nicosia
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Currency Exchange
Strovolos, 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 €780,000 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 |
|---|---|---|---|
| €780,000 | £643,851 | £677,110 | £33,259 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £643,851 |
| Maximum cost in the last six months | £677,110 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,259 |
Strovolos, 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 €780,000 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 |
|---|---|---|---|
| €780,000 | £643,851 | £677,110 | £33,259 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £643,851 |
| Maximum cost in the last six months | £677,110 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,259 |
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 £33,259 more.
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