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Nestled in the heart of Anavargos, Paphos, this prime plot, measuring 519 square meters, offers an exceptional opportunity for investment
Anavargos, Paphos, Cyprus
REF: 740014
€265,000
Description
Nestled in the heart of Anavargos, Paphos, this prime plot, measuring 519 square meters, offers an exceptional opportunity for investment. Located adjacent to the Apostolou Pavlou Gymnasium, this plot is perfectly suited for the construction of a 3-storey apartment building, providing a lucrative prospect for developers.
Key Features:
Prime Location: Situated in Anavargos, this plot is strategically located, ensuring proximity to all essential amenities, making it a convenient choice for residents.
Development Potential: With zoning regulations allowing for a 3-storey building, this plot offers significant development potential, making it an attractive option for those looking to invest in the property market.
Versatile Possibilities: The plot's strategic positioning and development potential provide the opportunity to create a block of apartments, catering to the growing demand for residential spaces in this thriving area.
This prime plot in Anavargos, Paphos, is a valuable real estate opportunity that awaits the vision of a savvy developer. Contact us today to explore its full potential and seize this promising investment.
Nestled in the heart of Anavargos, Paphos, this prime plot, measuring 519 square meters, offers an exceptional opportunity for investment. Located adjacent to the Apostolou Pavlou Gymnasium, this plot is perfectly suited for the construction of a 3-storey apartment building, providing a lucrative prospect for developers.
Key Features:
Prime Location: Situated in Anavargos, this plot is strategically located, ensuring proximity to all essential amenities, making it a convenient choice for residents.
Development Potential: With zoning regulations allowing for a 3-storey building, this plot offers significant development potential, making it an attractive option for those looking to invest in the property market.
Versatile Possibilities: The plot's strategic positioning and development potential provide the opportunity to create a block of apartments, catering to the growing demand for residential spaces in this thriving area.
This prime plot in Anavargos, Paphos, is a valuable real estate opportunity that awaits the vision of a savvy developer. Contact us today to explore its full potential and seize this promising investment.
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Currency Exchange
Anavargos, Paphos, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £220,387 | £228,064 | £7,677 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £220,387 |
| Maximum cost in the last six months | £228,064 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,677 |
Anavargos, Paphos, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £220,387 | £228,064 | £7,677 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £220,387 |
| Maximum cost in the last six months | £228,064 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,677 |
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 £7,677 more.
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