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Land, For Sale, Nicosia, Egkomi
Filokyprou, Egkomi, Cyprus, Egkomi, Cyprus
REF: 765298
€520,000
Description
This property is located on the borders of Engomi and Ayios Dometios. . There are 5 plots available for sale. Thee plots with total size of 2,160sq.m are suitable for a mixed-use development (commercial and residential Zone EB5, Building Density 120%, floor allowance 3) Plot with No 718 and size 695sq.m Price ‚520,000 + VAT Plot with No 720 and size 792sq.m Price ‚590,000 + VAT Plot with No 718 + 719 and total size 1,377q.m Price ‚1,030,000 + VAT plot with No 718 + 719 + 720 and total size 2,169 sq.m Price ‚1,620,000 + VAT The location provides an ideal setting for several commercial establishments. There is convenient access and most importantly, short distance to the city center, to European and Nicosia University, to Nicosia District Court and to all amenities. Ideal businesses we consider would be a medical center, offices and student halls. Residential plots are suitable for high end luxury apartments. Plots can be sold separately. Please contact me for more details about prices, location and availability.
This property is located on the borders of Engomi and Ayios Dometios. . There are 5 plots available for sale. Thee plots with total size of 2,160sq.m are suitable for a mixed-use development (commercial and residential Zone EB5, Building Density 120%, floor allowance 3) Plot with No 718 and size 695sq.m Price ‚520,000 + VAT Plot with No 720 and size 792sq.m Price ‚590,000 + VAT Plot with No 718 + 719 and total size 1,377q.m Price ‚1,030,000 + VAT plot with No 718 + 719 + 720 and total size 2,169 sq.m Price ‚1,620,000 + VAT The location provides an ideal setting for several commercial establishments. There is convenient access and most importantly, short distance to the city center, to European and Nicosia University, to Nicosia District Court and to all amenities. Ideal businesses we consider would be a medical center, offices and student halls. Residential plots are suitable for high end luxury apartments. Plots can be sold separately. Please contact me for more details about prices, location and availability.
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Currency Exchange
Filokyprou, Egkomi, Cyprus, Egkomi, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £428,428 | £446,914 | £18,486 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £428,428 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,486 |
Filokyprou, Egkomi, Cyprus, Egkomi, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £428,428 | £446,914 | £18,486 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £428,428 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,486 |
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 £18,486 more.
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