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For Sale Agricultural Field in Pafos - Polemi Village
Polemi, Paphos, Cyprus
REF: 259050
€120,000
Description
For Sale Agricultural Land in Polemi Village in Paphos. The property covered by the regulations of the Agricultural zone G3 (Γ3). The total land size is 9,380 Sq.meters Polemi Village is situated 16 Km (15 - 20 mins drive approx) Northeast of Paphos Town Center. The village is mainly characterizes as a plateau at an altitude of 450m above sea level, with plenty of green and many vineyards. Polemi village is probably the only place in Cyprus where you can find the beautiful Tulips and therefore this is the reason where the community organize the annual Tulip Festival every March – April. Access to Polemi village provided from the Main road of Paphos to Polis Chrysochous or from Panagia village. The climate of Polemi village is cool in the summer in comparison with the coastal areas of Paphos and in the winter period there is a possibility to have some snow. The village is in a very good - central location and is surrounded by Stroumbi, Letymbou and Psathi village.
For Sale Agricultural Land in Polemi Village in Paphos. The property covered by the regulations of the Agricultural zone G3 (Γ3). The total land size is 9,380 Sq.meters Polemi Village is situated 16 Km (15 - 20 mins drive approx) Northeast of Paphos Town Center. The village is mainly characterizes as a plateau at an altitude of 450m above sea level, with plenty of green and many vineyards. Polemi village is probably the only place in Cyprus where you can find the beautiful Tulips and therefore this is the reason where the community organize the annual Tulip Festival every March – April. Access to Polemi village provided from the Main road of Paphos to Polis Chrysochous or from Panagia village. The climate of Polemi village is cool in the summer in comparison with the coastal areas of Paphos and in the winter period there is a possibility to have some snow. The village is in a very good - central location and is surrounded by Stroumbi, Letymbou and Psathi village.
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Currency Exchange
Polemi, 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 €120,000 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 |
|---|---|---|---|
| €120,000 | £99,397 | £103,134 | £3,737 |
| Property Price € | €120,000 |
| Minimum cost in the last six months | £99,397 |
| Maximum cost in the last six months | £103,134 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,737 |
Polemi, 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 €120,000 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 |
|---|---|---|---|
| €120,000 | £99,397 | £103,134 | £3,737 |
| Property Price € | €120,000 |
| Minimum cost in the last six months | £99,397 |
| Maximum cost in the last six months | £103,134 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,737 |
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 £3,737 more.
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