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Residential in Parekklisia, Limassol
5452, Cyprus
REF: 762439
€750,000
Description
Reference ID: #SA32964Price details: 750,000 +VATFor sale: A rare opportunity presents itself with this unique plot of land located in the picturesque village of Parekklisia, situated in the sought-after East Limassol district. Encompassing a generous 2,024 square meters, this expansive land falls under the category of a field, designated in Zone H5 with a specific focus on residential development.The plot comes with a building density of 30% and a coverage allowance of 20%, offering the potential for a carefully planned residential project. With a building permit already secured for four houses.The location is marked by its accessibility, boasting main road access and nestled in a tranquil neighborhood. Residents will enjoy the serenity of the surroundings while being in close proximity to essential amenities. The land not only provides breathtaking sea views but also captures the beauty of the nearby mountains, creating a harmonious blend of natural elements.This prime plot is strategically positioned, just 2 kilometers from the captivating beachfront, allowing future residents to indulge in the crystal-clear waters of Amathus Bay. Additionally, the development is in close proximity to the Parekklisia Football Stadium, adding a touch of sporty appeal to the area.The planning and building permission, already approved by the Land Registry and building department, ensures a seamless transition from concept to reality. The title deed for the plot is available, guaranteeing a secure and legitimate transaction for the potential buyer.This parcel of land in Parekklisia offers not just a piece of real estate but an opportunity to create a dream residence with unobstructed sea views and architectural plans that complement the charm of the surroundings. With its convenient location, proximity to the beach, and meticulous planning, this plot stands as a testament to refined living in the heart of Limassol's dynamic district.
Reference ID: #SA32964Price details: 750,000 +VATFor sale: A rare opportunity presents itself with this unique plot of land located in the picturesque village of Parekklisia, situated in the sought-after East Limassol district. Encompassing a generous 2,024 square meters, this expansive land falls under the category of a field, designated in Zone H5 with a specific focus on residential development.The plot comes with a building density of 30% and a coverage allowance of 20%, offering the potential for a carefully planned residential project. With a building permit already secured for four houses.The location is marked by its accessibility, boasting main road access and nestled in a tranquil neighborhood. Residents will enjoy the serenity of the surroundings while being in close proximity to essential amenities. The land not only provides breathtaking sea views but also captures the beauty of the nearby mountains, creating a harmonious blend of natural elements.This prime plot is strategically positioned, just 2 kilometers from the captivating beachfront, allowing future residents to indulge in the crystal-clear waters of Amathus Bay. Additionally, the development is in close proximity to the Parekklisia Football Stadium, adding a touch of sporty appeal to the area.The planning and building permission, already approved by the Land Registry and building department, ensures a seamless transition from concept to reality. The title deed for the plot is available, guaranteeing a secure and legitimate transaction for the potential buyer.This parcel of land in Parekklisia offers not just a piece of real estate but an opportunity to create a dream residence with unobstructed sea views and architectural plans that complement the charm of the surroundings. With its convenient location, proximity to the beach, and meticulous planning, this plot stands as a testament to refined living in the heart of Limassol's dynamic district.
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Currency Exchange
5452, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
5452, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 £23,355 more.
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