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Land, For Sale, Nicosia, Kalithea
Kalithea, Cyprus
REF: 764695
€175,000
Description
SPECIAL OFFER PRICE This large piece of residential land is close to the perimeter road from the highway towards Aglantzia. This will benefit in the future easy access to the highway towards Nicosia-Limassol-Larnaca and also fast access to the city of Aglantzia and Nicosia center. Ideal for one luxury house with a large piece of land or for more houses in a larger development. The land is in very good shape, flat and at the level of the road. The total land area is 3,378m2 mixed zone divided into:- 1756m2 is 52% of the land which is Κα8 residential zone- 1621m2 is the other 48% is Δα4 with 10% building density Great investment!!!!
SPECIAL OFFER PRICE This large piece of residential land is close to the perimeter road from the highway towards Aglantzia. This will benefit in the future easy access to the highway towards Nicosia-Limassol-Larnaca and also fast access to the city of Aglantzia and Nicosia center. Ideal for one luxury house with a large piece of land or for more houses in a larger development. The land is in very good shape, flat and at the level of the road. The total land area is 3,378m2 mixed zone divided into:- 1756m2 is 52% of the land which is Κα8 residential zone- 1621m2 is the other 48% is Δα4 with 10% building density Great investment!!!!
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Currency Exchange
Kalithea, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £145,579 | £150,609 | £5,030 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £145,579 |
| Maximum cost in the last six months | £150,609 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,030 |
Kalithea, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £145,579 | £150,609 | £5,030 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £145,579 |
| Maximum cost in the last six months | £150,609 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,030 |
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 £5,030 more.
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