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Residential in Agios Tychonas, Limassol
5636, Cyprus
REF: 642624
€740,000
Description
Reference ID: #SA26468Price details: 740,000 +VATResidential field in Agios Tychonas in Limassol District, at a distance of 650 meters (approx.) northwest of the community center and 1.7 km north of the motorway.The property is situated close to all necessary services. It enjoys good access to the neighboring communities and the city of Limassol.The field has an irregular shape and an inclined surface. It abuts onto a public road along its southern boundary with a frontage of 70 meters (approx.).The property enjoys partial view to the sea. It is suitable for the division of plots or for a unified residential development.Planning zone: ?6Building Coefficient: 20%Coverage Coefficient: 20%Maximum Floors Allowed: 2Maximum Building Height (m): 8,30PLUS V.A.T
Reference ID: #SA26468Price details: 740,000 +VATResidential field in Agios Tychonas in Limassol District, at a distance of 650 meters (approx.) northwest of the community center and 1.7 km north of the motorway.The property is situated close to all necessary services. It enjoys good access to the neighboring communities and the city of Limassol.The field has an irregular shape and an inclined surface. It abuts onto a public road along its southern boundary with a frontage of 70 meters (approx.).The property enjoys partial view to the sea. It is suitable for the division of plots or for a unified residential development.Planning zone: ?6Building Coefficient: 20%Coverage Coefficient: 20%Maximum Floors Allowed: 2Maximum Building Height (m): 8,30PLUS V.A.T
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Currency Exchange
5636, 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 €740,000 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 |
|---|---|---|---|
| €740,000 | £612,949 | £635,993 | £23,044 |
| Property Price € | €740,000 |
| Minimum cost in the last six months | £612,949 |
| Maximum cost in the last six months | £635,993 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,044 |
5636, 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 €740,000 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 |
|---|---|---|---|
| €740,000 | £612,949 | £635,993 | £23,044 |
| Property Price € | €740,000 |
| Minimum cost in the last six months | £612,949 |
| Maximum cost in the last six months | £635,993 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,044 |
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 £23,044 more.
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