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Apartment, For Sale, Nicosia, Strovolos, Chryseleousa
Strovolos, Cyprus
REF: 994806
€138,000
Description
Location - Located within a residential complex of 12 apartments. - Walking distance to private and local schools, the linear Park, and has all amenities within walking distance. - Situated in a quiet and developed area, ideal for residential use. External Features - The complex was constructed around 1997 using conventional reinforced concrete frame and brick masonry. - The overall condition of the building is considered relatively good and well-maintained. - Includes dedicated covered parking space (No. 24) on the ground floor. Internal Characteristics - Located on the 2nd floor, Apartment No. 204. Comprises: - Comfortable living and dining area - Separate kitchen with MDF countertop - Hallway - Two comfortable bedrooms - Main bathroom with bathtub - A guest toilet - Two covered verandas, one of which has been enclosed and converted into an interior space (not officially licensed and excluded from valuation reports) Special Features - Flooring: Ceramic tiles in the main areas and traditional mosaic (Cypriot marble) in the bedrooms and verandas - Double-glazed aluminium windows with aluminium shutters - Air conditioning units - Electric storage heaters for heating
Location - Located within a residential complex of 12 apartments. - Walking distance to private and local schools, the linear Park, and has all amenities within walking distance. - Situated in a quiet and developed area, ideal for residential use. External Features - The complex was constructed around 1997 using conventional reinforced concrete frame and brick masonry. - The overall condition of the building is considered relatively good and well-maintained. - Includes dedicated covered parking space (No. 24) on the ground floor. Internal Characteristics - Located on the 2nd floor, Apartment No. 204. Comprises: - Comfortable living and dining area - Separate kitchen with MDF countertop - Hallway - Two comfortable bedrooms - Main bathroom with bathtub - A guest toilet - Two covered verandas, one of which has been enclosed and converted into an interior space (not officially licensed and excluded from valuation reports) Special Features - Flooring: Ceramic tiles in the main areas and traditional mosaic (Cypriot marble) in the bedrooms and verandas - Double-glazed aluminium windows with aluminium shutters - Air conditioning units - Electric storage heaters for heating
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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 €138,000 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 |
|---|---|---|---|
| €138,000 | £113,912 | £119,796 | £5,884 |
| Property Price € | €138,000 |
| Minimum cost in the last six months | £113,912 |
| Maximum cost in the last six months | £119,796 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,884 |
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 €138,000 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 |
|---|---|---|---|
| €138,000 | £113,912 | £119,796 | £5,884 |
| Property Price € | €138,000 |
| Minimum cost in the last six months | £113,912 |
| Maximum cost in the last six months | £119,796 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,884 |
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 £5,884 more.
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