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Residential in Polis Chrysochous, Paphos
5661, Cyprus
REF: 642152
€1,500,000
Description
Reference ID: #SA29333Price details: 1,500,000 +VATThis is a project proposal with secured building permission for the construction of a superior mid range properties on a parcel of land situated at Meladia in Polis Chrysochous Region, Pafos.The project is built on a 23 000 m land. Set on the slope of Meladia Hills it enjoys magnificent, panoramic, unobstructed, sea views as well views to the nearby forest. Meladia is 30 mins from the International School of Pafos.It is also 40 mins from Paphos international Airport. Meladia is also located 12 minutes drive from Polis Chrysochous and medical centre Chrysochous This well-planned development incorporates 38 villas, town houses and maisonettes and the unique Sporting, Health and Fitness Center in the region21 detached villas with private swimming pool6 semi-detached houses with private swimming pool4 semi-detached houses without swimming pool1 detached villa without swimming pool 6 maisonettes without swimming pool This outstanding development opportunity suggests the purchase of hole plot (2 3000 m of land). The land has already a secured planning permit for the project already described.Furthermore, it can be used for various developing options.
Reference ID: #SA29333Price details: 1,500,000 +VATThis is a project proposal with secured building permission for the construction of a superior mid range properties on a parcel of land situated at Meladia in Polis Chrysochous Region, Pafos.The project is built on a 23 000 m land. Set on the slope of Meladia Hills it enjoys magnificent, panoramic, unobstructed, sea views as well views to the nearby forest. Meladia is 30 mins from the International School of Pafos.It is also 40 mins from Paphos international Airport. Meladia is also located 12 minutes drive from Polis Chrysochous and medical centre Chrysochous This well-planned development incorporates 38 villas, town houses and maisonettes and the unique Sporting, Health and Fitness Center in the region21 detached villas with private swimming pool6 semi-detached houses with private swimming pool4 semi-detached houses without swimming pool1 detached villa without swimming pool 6 maisonettes without swimming pool This outstanding development opportunity suggests the purchase of hole plot (2 3000 m of land). The land has already a secured planning permit for the project already described.Furthermore, it can be used for various developing options.
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Currency Exchange
5661, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,247,820 | £1,290,930 | £43,110 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,247,820 |
| Maximum cost in the last six months | £1,290,930 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,110 |
5661, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,247,820 | £1,290,930 | £43,110 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,247,820 |
| Maximum cost in the last six months | £1,290,930 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,110 |
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 £43,110 more.
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