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Tourist in Pervolia, Larnaca
5144, Cyprus
REF: 642230
€802,000
Description
Reference ID: #SA29128Price details: 802,000 +VATThe property is located in the Community of Pervolia, within the district of Larnaca.It is located approximately 1 kilometre southwest of the centre of the village and they are situated in the touristic area of the community.Moreover, it is located approximately 1 kilometre northeast of the Faros , lighthouse, which is landmark for the region. Also, the property is located approximately 50 meters north of the coastal road that connects Pervolia community and Faros area and approximately 250 meters from the sea. It should be noted that, the properties have easy access to the centre of the community, the sea and Larnaca International Airport.The surrounding area of the property is characterised primarily by touristic developments consisting of touristic houses and apartments, touristic villas, villas under construction, empty plots, unexploited building plots etc. In general it is an area that attracts many tourists, mostly during the summer months.As we mentioned above, the property under study is two (2) connected fields which are close to the necessary services such as electricity and water. This field is landlockedPLUS V.A.T
Reference ID: #SA29128Price details: 802,000 +VATThe property is located in the Community of Pervolia, within the district of Larnaca.It is located approximately 1 kilometre southwest of the centre of the village and they are situated in the touristic area of the community.Moreover, it is located approximately 1 kilometre northeast of the Faros , lighthouse, which is landmark for the region. Also, the property is located approximately 50 meters north of the coastal road that connects Pervolia community and Faros area and approximately 250 meters from the sea. It should be noted that, the properties have easy access to the centre of the community, the sea and Larnaca International Airport.The surrounding area of the property is characterised primarily by touristic developments consisting of touristic houses and apartments, touristic villas, villas under construction, empty plots, unexploited building plots etc. In general it is an area that attracts many tourists, mostly during the summer months.As we mentioned above, the property under study is two (2) connected fields which are close to the necessary services such as electricity and water. This field is landlockedPLUS V.A.T
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Currency Exchange
5144, 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 €802,000 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 |
|---|---|---|---|
| €802,000 | £667,168 | £690,217 | £23,049 |
| Property Price € | €802,000 |
| Minimum cost in the last six months | £667,168 |
| Maximum cost in the last six months | £690,217 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,049 |
5144, 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 €802,000 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 |
|---|---|---|---|
| €802,000 | £667,168 | £690,217 | £23,049 |
| Property Price € | €802,000 |
| Minimum cost in the last six months | £667,168 |
| Maximum cost in the last six months | £690,217 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,049 |
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 £23,049 more.
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