For Sale Seafront Residential Land in Polis Chrysochous - Paphos

Polis, Paphos, Cyprus

For Sale

€560,000

REF: 383578 €560,000


Description

For Sale "HIGH POTENTIAL" Residential Land in Polis Chrysochous, near Latchi Beach.  TOTAL LAND SIZE: 6,560 m2 Building Zone: ΠΚ - Holiday Villas  Building Zone: 15%  Coverage Ratio: 15%  Max Floor Number: 1  Max Floor Height: 5 meters  The property is not applicable to VAT.  Title Deeds Available. 
For Sale "HIGH POTENTIAL" Residential Land in Polis Chrysochous, near Latchi Beach.  TOTAL LAND SIZE: 6,560 m2 Building Zone: ΠΚ - Holiday Villas  Building Zone: 15%  Coverage Ratio: 15%  Max Floor Number: 1  Max Floor Height: 5 meters  The property is not applicable to VAT.  Title Deeds Available. 
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Property on Map

#DP1703

Currency Exchange

Polis, 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 €560,000 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
€560,000 £465,853 £481,947 £16,094
Property Price € €560,000
Minimum cost in the last six months £465,853
Maximum cost in the last six months £481,947
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,094

Polis, 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 €560,000 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
€560,000 £465,853 £481,947 £16,094
Property Price € €560,000
Minimum cost in the last six months £465,853
Maximum cost in the last six months £481,947
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,094

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 £16,094 more.

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