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Residential in Aphrodite Hills, Paphos
5752, Cyprus
REF: 642731
€895,000
Description
Reference ID: #SA25931Price details: 895,000 +VATThis exceptional plot is located on the eastern plateau of the award-winning Aphrodite Hills Resort. It has one of the most privileged locations on the resort and gives one the opportunity to build a spectacular villa being a double plot. The plot measures a total of 2800 m2 and being flat, makes it very unique. It backs on to the 4th hole with breath taking views of the course and extreme privacy. The current owner has already planning permission to build probably one of the grandest properties on Aphrodite Hills which gives the new owner an advantage of building immediately. Both sides of the plot have already been constructed which is another huge benefit. Can also be considered as a great investment should you choose not to build.PLUS V.A.T.
Reference ID: #SA25931Price details: 895,000 +VATThis exceptional plot is located on the eastern plateau of the award-winning Aphrodite Hills Resort. It has one of the most privileged locations on the resort and gives one the opportunity to build a spectacular villa being a double plot. The plot measures a total of 2800 m2 and being flat, makes it very unique. It backs on to the 4th hole with breath taking views of the course and extreme privacy. The current owner has already planning permission to build probably one of the grandest properties on Aphrodite Hills which gives the new owner an advantage of building immediately. Both sides of the plot have already been constructed which is another huge benefit. Can also be considered as a great investment should you choose not to build.PLUS V.A.T.
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Currency Exchange
5752, 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 €895,000 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 |
|---|---|---|---|
| €895,000 | £744,533 | £770,255 | £25,722 |
| Property Price € | €895,000 |
| Minimum cost in the last six months | £744,533 |
| Maximum cost in the last six months | £770,255 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,722 |
5752, 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 €895,000 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 |
|---|---|---|---|
| €895,000 | £744,533 | £770,255 | £25,722 |
| Property Price € | €895,000 |
| Minimum cost in the last six months | £744,533 |
| Maximum cost in the last six months | £770,255 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,722 |
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 £25,722 more.
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