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Industrial in Agia Varvara, Paphos
5382, Cyprus
REF: 643011
€3,700,000
Description
Reference ID: #23467Price details: 3,700,000 +VATField in the industrial area of Agia Varvara in Pafos. It is 1km west of the center of the village, just 5km from Pafos and 3km from the airport. The field has a south-western slope and is adjacent to two roads with a total street front of about 1,100 meters. 79% of the field lies within town planning zone ?a5/?d5 and 21% is within zone ??3, both of within are industrial zones. Its large surface area increases its development potential as it can either be developed as a single property with the construction of a large number of industrial warehouses for rental purposes or can be separated into smaller industrial plots. An important advantage is the field s direct access to the motorway, which is just a few meters away.Planing zone: ?a5/?d5Building Coeficient: 50 %Coverage coeficient: 50 %Maximun Floors Allowed: 1Maximun building height: 5,5 mPLUS V.A.T
Reference ID: #23467Price details: 3,700,000 +VATField in the industrial area of Agia Varvara in Pafos. It is 1km west of the center of the village, just 5km from Pafos and 3km from the airport. The field has a south-western slope and is adjacent to two roads with a total street front of about 1,100 meters. 79% of the field lies within town planning zone ?a5/?d5 and 21% is within zone ??3, both of within are industrial zones. Its large surface area increases its development potential as it can either be developed as a single property with the construction of a large number of industrial warehouses for rental purposes or can be separated into smaller industrial plots. An important advantage is the field s direct access to the motorway, which is just a few meters away.Planing zone: ?a5/?d5Building Coeficient: 50 %Coverage coeficient: 50 %Maximun Floors Allowed: 1Maximun building height: 5,5 mPLUS V.A.T
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Currency Exchange
5382, 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 €3,700,000 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 |
|---|---|---|---|
| €3,700,000 | £3,064,747 | £3,179,965 | £115,218 |
| Property Price € | €3,700,000 |
| Minimum cost in the last six months | £3,064,747 |
| Maximum cost in the last six months | £3,179,965 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £115,218 |
5382, 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 €3,700,000 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 |
|---|---|---|---|
| €3,700,000 | £3,064,747 | £3,179,965 | £115,218 |
| Property Price € | €3,700,000 |
| Minimum cost in the last six months | £3,064,747 |
| Maximum cost in the last six months | £3,179,965 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £115,218 |
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 £115,218 more.
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