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Land, For Sale, Nicosia, Palaiometocho
Palaiometocho, Cyprus
REF: 765555
€70,000
Description
Location €¢ This residential field located in a good and quiet location in Paleometocho village, of Nicosia District. €¢ It is situated at a distance of 600 meters (approx.) east of the 2nd Primary School of Paleometocho. €¢ It is located close to a plethora of amenities and services such as supermarkets, cafes, restaurants and schools. Land Characteristics €¢ It has an irregular shape, flat even surface and is landlocked. €¢ It is noted that the property abuts onto a stream on its eastern boundary. €¢ However, the parcel is considered landlocked it is situated just 90 meters from the nearest public registered road. Advantages Special Features €¢ It is considered as an ideal choice for investment. Πωλείται οικιστική Îκταση στο ΠαλαιομÎτοχο Îευκωσίας Τοποθεσία €¢ Αυτό το οικιστικό ακίνητο βÏίσκεται σε καλή και ήσυχη τοποθεσία στο ΠαλαιομÎτοχο της ΕπαÏχίας Îευκωσίας. €¢ Î’Ïίσκεται σε απόσταση 600 μÎÏ„Ïων (πεÏίπου) ανατολικΠαπό το 2ο Δημοτικό Σχολείο Παλαιομετόχου. €¢ Î’Ïίσκεται κοντΠσε μια πληθώÏα ανÎσεων και υπηÏεσιών όπως σοÏπεÏ-μÎÏκετ, καφετÎÏιες, εστιατόÏια και σχολεία. ΧαÏακτηÏιστικΠΓης €¢ Έχει ακανόνιστο σχήμα, επίπεδη επιφÎνεια και είναι πεÏίκλειστο. €¢ Σημειώνεται ότι το ακίνητο εφÎπτεται σε ÏÎμα στα ανατολικΠτου ÏŒÏια. €¢ ΠαÏόλο του ότι το ακίνητο θεωÏείται πεÏίκλειστο, βÏίσκεται μόλις 90 μÎÏ„Ïα από τον πλησιÎστεÏο δημόσιο δÏόμο. Πλεονεκτήματα ΙδιαίτεÏα ΧαÏακτηÏιστικΠ€¢ ΘεωÏείται ως ιδανική επιλογή για επÎνδυση.
Location €¢ This residential field located in a good and quiet location in Paleometocho village, of Nicosia District. €¢ It is situated at a distance of 600 meters (approx.) east of the 2nd Primary School of Paleometocho. €¢ It is located close to a plethora of amenities and services such as supermarkets, cafes, restaurants and schools. Land Characteristics €¢ It has an irregular shape, flat even surface and is landlocked. €¢ It is noted that the property abuts onto a stream on its eastern boundary. €¢ However, the parcel is considered landlocked it is situated just 90 meters from the nearest public registered road. Advantages Special Features €¢ It is considered as an ideal choice for investment. Πωλείται οικιστική Îκταση στο ΠαλαιομÎτοχο Îευκωσίας Τοποθεσία €¢ Αυτό το οικιστικό ακίνητο βÏίσκεται σε καλή και ήσυχη τοποθεσία στο ΠαλαιομÎτοχο της ΕπαÏχίας Îευκωσίας. €¢ Î’Ïίσκεται σε απόσταση 600 μÎÏ„Ïων (πεÏίπου) ανατολικΠαπό το 2ο Δημοτικό Σχολείο Παλαιομετόχου. €¢ Î’Ïίσκεται κοντΠσε μια πληθώÏα ανÎσεων και υπηÏεσιών όπως σοÏπεÏ-μÎÏκετ, καφετÎÏιες, εστιατόÏια και σχολεία. ΧαÏακτηÏιστικΠΓης €¢ Έχει ακανόνιστο σχήμα, επίπεδη επιφÎνεια και είναι πεÏίκλειστο. €¢ Σημειώνεται ότι το ακίνητο εφÎπτεται σε ÏÎμα στα ανατολικΠτου ÏŒÏια. €¢ ΠαÏόλο του ότι το ακίνητο θεωÏείται πεÏίκλειστο, βÏίσκεται μόλις 90 μÎÏ„Ïα από τον πλησιÎστεÏο δημόσιο δÏόμο. Πλεονεκτήματα ΙδιαίτεÏα ΧαÏακτηÏιστικΠ€¢ ΘεωÏείται ως ιδανική επιλογή για επÎνδυση.
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Currency Exchange
Palaiometocho, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,673 | £60,162 | £2,489 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,673 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,489 |
Palaiometocho, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,673 | £60,162 | £2,489 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,673 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,489 |
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 £2,489 more.
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