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Residential in Ayios Tychonas, Limassol
5636, Cyprus
REF: 642786
€1,400,000
Description
Reference ID: #SA25747Price details: 1,400,000 +VATThe property comprises of a plot located in Ayios Tychonas area in Limassol DistrictThe land is around 23000 SQM, with about 2450 SQM being in the building Zone with a building factor of 30%, the rest is agricultural land on which up to 10 % can be built on a single project.It has a right of way from the main road.The Land is on a relatively steep slope with about 10000 SQM of it having see views , and rest mountain view.On the existing building zone , one could built either a huge Villa of about 750SQM, or 2 very good size Villas with unobstructed views and is situated in a most prestigious area of Limassol, just few minutes driving from the highway and from the beach.The plot falls within the Residential Planning Zone ?5(10%) with a building density coefficient of 30% and a coverage coefficient of 20%, over 2 floors and 8.3m maximum height and G2 (90%) with a building density coefficient of 15 % and a coverage coefficient of 10%, over 2 floors and 8.3m maximum height.PLUS V.A.T
Reference ID: #SA25747Price details: 1,400,000 +VATThe property comprises of a plot located in Ayios Tychonas area in Limassol DistrictThe land is around 23000 SQM, with about 2450 SQM being in the building Zone with a building factor of 30%, the rest is agricultural land on which up to 10 % can be built on a single project.It has a right of way from the main road.The Land is on a relatively steep slope with about 10000 SQM of it having see views , and rest mountain view.On the existing building zone , one could built either a huge Villa of about 750SQM, or 2 very good size Villas with unobstructed views and is situated in a most prestigious area of Limassol, just few minutes driving from the highway and from the beach.The plot falls within the Residential Planning Zone ?5(10%) with a building density coefficient of 30% and a coverage coefficient of 20%, over 2 floors and 8.3m maximum height and G2 (90%) with a building density coefficient of 15 % and a coverage coefficient of 10%, over 2 floors and 8.3m maximum height.PLUS 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,159,634 | £1,203,230 | £43,596 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,159,634 |
| Maximum cost in the last six months | £1,203,230 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,596 |
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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,159,634 | £1,203,230 | £43,596 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,159,634 |
| Maximum cost in the last six months | £1,203,230 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,596 |
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 £43,596 more.
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