Germasogeia, Paniotis, Limassol - 800,000

Germasogeia, Limassol, Cyprus

For Sale

€800,000

REF: 670559 €800,000


Description

5342 m2 Plot of Land For Sale in Paniotis, Germasogeia, Limassol with Land DeedsThis large plot of land is situated on the top of a hill in the residential area of Paniotis, Germasogeia. The land boasts unobstructed sea views and this off plan option would be ideal to build a perfect family... 5342 m2 Plot of Land For Sale in Paniotis, Germasogeia, Limassol with Land DeedsThis large plot of land is situated on the top of a hill in the residential area of Paniotis, Germasogeia.

The land boasts unobstructed sea views and this off plan option would be ideal to build a perfect family home.- Plot size 5342 m2- Planning zone Ka10 - Residential Area- Build density 30%- Coverage 20%- Height allowance 10m (floors 2)- 5 minutes to local shops and amenities- 15 minutes to the local sea and beach- 45 minutes to Larnaca International Airport- 50 minutes to Paphos International Airport- Subject to VATGermasogeiaGermasogeia is considered to be a small east-suburban town with a population of just under 13,500 people.

Germasogeia is rich with history and culture as it is home to the Museum of Griva Digeni which displays many ancient artefacts as well as predictions of what life was like in the past, through clothing, labour as well as house-life. Germasogeia is only a 10 minute car journey from the centre of Limassol and a 20 minute car journey from the Marina; this makes it very easy for people to reach the city if they wish, to enjoy daytime activities such as shopping at My Mall.

In Germasogeia, both residents and tourists alike can enjoy a wide range of activities, from beach days spent all along Limassol's endless coastline to bike rides down the waterfront cycling path. The area also boasts a host of amenities, including supermarkets, shops, pharmacies, banks, high-end restaurants and cafes, in addition to schools, hospitals and other facilities that are just a short drive away.

swimming in the gorgeous turquoise beaches, boat trips, diving, water sports as well as visiting at night for the bustling night-life such as bars and clubs as well as romantic and family-orientated restaurants for a peaceful night out.Germasogeia is an ideal destination as it is slightly outside of the city centre, making it safer.

It has a cooler climate and less humidity, although in perfect distance to reach the city by car or through the use of their frequent bus links.------------* Land Deeds* Unobstructed Sea Views* 30% Build Density* Water, Electric, Telecommunications & Sewerage Accessible* Subject to VAT* Off PlanGermasogeiaPaniotisCounty: LimassolSale Type: For SaleRef #: EPCC1286L
5342 m2 Plot of Land For Sale in Paniotis, Germasogeia, Limassol with Land DeedsThis large plot of land is situated on the top of a hill in the residential area of Paniotis, Germasogeia. The land boasts unobstructed sea views and this off plan option would be ideal to build a perfect family... 5342 m2 Plot of Land For Sale in Paniotis, Germasogeia, Limassol with Land DeedsThis large plot of land is situated on the top of a hill in the residential area of Paniotis, Germasogeia.

The land boasts unobstructed sea views and this off plan option would be ideal to build a perfect family home.- Plot size 5342 m2- Planning zone Ka10 - Residential Area- Build density 30%- Coverage 20%- Height allowance 10m (floors 2)- 5 minutes to local shops and amenities- 15 minutes to the local sea and beach- 45 minutes to Larnaca International Airport- 50 minutes to Paphos International Airport- Subject to VATGermasogeiaGermasogeia is considered to be a small east-suburban town with a population of just under 13,500 people.

Germasogeia is rich with history and culture as it is home to the Museum of Griva Digeni which displays many ancient artefacts as well as predictions of what life was like in the past, through clothing, labour as well as house-life. Germasogeia is only a 10 minute car journey from the centre of Limassol and a 20 minute car journey from the Marina; this makes it very easy for people to reach the city if they wish, to enjoy daytime activities such as shopping at My Mall.

In Germasogeia, both residents and tourists alike can enjoy a wide range of activities, from beach days spent all along Limassol's endless coastline to bike rides down the waterfront cycling path. The area also boasts a host of amenities, including supermarkets, shops, pharmacies, banks, high-end restaurants and cafes, in addition to schools, hospitals and other facilities that are just a short drive away.

swimming in the gorgeous turquoise beaches, boat trips, diving, water sports as well as visiting at night for the bustling night-life such as bars and clubs as well as romantic and family-orientated restaurants for a peaceful night out.Germasogeia is an ideal destination as it is slightly outside of the city centre, making it safer.

It has a cooler climate and less humidity, although in perfect distance to reach the city by car or through the use of their frequent bus links.------------* Land Deeds* Unobstructed Sea Views* 30% Build Density* Water, Electric, Telecommunications & Sewerage Accessible* Subject to VAT* Off PlanGermasogeiaPaniotisCounty: LimassolSale Type: For SaleRef #: EPCC1286L
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Property on Map

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Currency Exchange

Germasogeia, Limassol, 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 €800,000 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
€800,000 £659,120 £687,560 £28,440
Property Price € €800,000
Minimum cost in the last six months £659,120
Maximum cost in the last six months £687,560
Fluctuating exchange rates over the last six months could have increased the cost of this property by £28,440

Germasogeia, Limassol, 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 €800,000 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
€800,000 £659,120 £687,560 £28,440
Property Price € €800,000
Minimum cost in the last six months £659,120
Maximum cost in the last six months £687,560
Fluctuating exchange rates over the last six months could have increased the cost of this property by £28,440

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 £28,440 more.

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