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Industrial in Ypsonas, Limassol
5664, Cyprus
REF: 642708
€614,250
Description
Reference ID: #SA26017Price details: 614,250 +VATThe property located at Ypsonas municipality approximately 800m from Agios Sylas industrial zone. The property has irregular shape, slightly sloping surface and abuts on non-registered road.The property lies within planning zone G?1 (Agricultural) at a ratio of 18%, at planning zone ?a3 (Protection) at a ratio of 35% and at planning zone ?d4 (Industrial) at a ratio of 47%. The property lies within planning zone G?1 with a maximum building ratio of 30%, on 2 floors and height 7,00m, in planning zone ?d4 with a maximum building ratio of 80%, maximum coverage ratio of 60%, on 2 floors and height 7,00m and in planning zone ?a3 with a maximum building ratio of 5%, maximum coverage ratio of 5%, on 2 floors and height 7,00m. The asset is landlocked.PLUS V.A.T
Reference ID: #SA26017Price details: 614,250 +VATThe property located at Ypsonas municipality approximately 800m from Agios Sylas industrial zone. The property has irregular shape, slightly sloping surface and abuts on non-registered road.The property lies within planning zone G?1 (Agricultural) at a ratio of 18%, at planning zone ?a3 (Protection) at a ratio of 35% and at planning zone ?d4 (Industrial) at a ratio of 47%. The property lies within planning zone G?1 with a maximum building ratio of 30%, on 2 floors and height 7,00m, in planning zone ?d4 with a maximum building ratio of 80%, maximum coverage ratio of 60%, on 2 floors and height 7,00m and in planning zone ?a3 with a maximum building ratio of 5%, maximum coverage ratio of 5%, on 2 floors and height 7,00m. The asset is landlocked.PLUS V.A.T
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Currency Exchange
5664, 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 €614,250 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 |
|---|---|---|---|
| €614,250 | £510,982 | £528,636 | £17,654 |
| Property Price € | €614,250 |
| Minimum cost in the last six months | £510,982 |
| Maximum cost in the last six months | £528,636 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,654 |
5664, 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 €614,250 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 |
|---|---|---|---|
| €614,250 | £510,982 | £528,636 | £17,654 |
| Property Price € | €614,250 |
| Minimum cost in the last six months | £510,982 |
| Maximum cost in the last six months | £528,636 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,654 |
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 £17,654 more.
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