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Fantastic located residential land of 11957m2 for sale at the beautiful village of Psathi 15 minutes drive from city center
Psathi, Paphos, Cyprus
REF: 115766
€500,000
Description
Fantastic located residential land of 11957m2 for sale at the beautiful village of Psathi 15 minutes drive from city center.The land supported from electricity and water and it has easy access to the main road. Also is very close to the Gymnasium & Lyceum of Polemi village which located 5 minutes drive from Psathi. The building ratio on the plot is 90% and a covered factor of 50% which giving the opportunity to the buyer to devide the land and convert it to building plots. This really is a beautiful place to live and even as an investment to resell when built, would present a very good opportunity due to the location and the useful facilities that the area offers. Full Title Deeds
Fantastic located residential land of 11957m2 for sale at the beautiful village of Psathi 15 minutes drive from city center.The land supported from electricity and water and it has easy access to the main road. Also is very close to the Gymnasium & Lyceum of Polemi village which located 5 minutes drive from Psathi. The building ratio on the plot is 90% and a covered factor of 50% which giving the opportunity to the buyer to devide the land and convert it to building plots. This really is a beautiful place to live and even as an investment to resell when built, would present a very good opportunity due to the location and the useful facilities that the area offers. Full Title Deeds
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Currency Exchange
Psathi, Paphos, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £415,940 | £430,310 | £14,370 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £415,940 |
| Maximum cost in the last six months | £430,310 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,370 |
Psathi, Paphos, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £415,940 | £430,310 | £14,370 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £415,940 |
| Maximum cost in the last six months | £430,310 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,370 |
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 £14,370 more.
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