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Land, For Sale, Nicosia, Panagia
Panagia, Cyprus
REF: 765747
€320,000
Description
Residential plot in a lively and central location in Panagia Quarter in Nicosia Municipality, near Konstantinou & Elenis church with easy access to Larnakos Avenue.The property is ideally situated close to many of amenities and services such as supermarkets, shops, schools with easy accessibility to the Nicosia city center.The plot has a rectangular shape, with a total frontage of 20 meters (approx.). It is noted that within the property there is a ground floor house that bares no economical value.The plot falls within the Residential Zone Ka3 which allows the construction of a four - storey residential buildingIt is ideal for development and a very attractive investment opportunity. Οικόπεδο σε κεντÏική τοποθεσία στη συνοικία της ΠαναγιÎÏ‚ στο Δήμο Îευκωσίας, κοντΠστην πεÏιοχή της εκκλησίας Κωνσταντίνου και ΕλÎνης με εÏκολη Ï€Ïόσβαση στη ÎεωφόÏο ÎÎÏνακος.Το ακίνητο βÏίσκεται σε ιδανική τοποθεσία κοντΠσε πολλÎÏ‚ ανÎσεις και υπηÏεσίες, όπως υπεÏαγοÏÎÏ‚, καταστήματα, σχολεία με εÏκολη Ï€Ïόσβαση στο κÎντÏο της Îευκωσίας.Το οικόπεδο Îχει οÏθογώνιο σχήμα, με συνολική Ï€Ïόσοψη 20 μÎÏ„Ïων (πεÏίπου).Σημειώνεται ότι μÎσα στην ιδιοκτησία Ï…Ï€ÎÏχει ισόγειο σπίτι που δεν Îχει οικονομική αξία.Το οικόπεδο εμπίπτει στην Οικιστική Ζώνη Ka3 που επιτÏÎπει την κατασκευή τετÏαώÏοφου κτηÏίου κατοικιών.Είναι ιδανικό για ανÎπτυξη και μια Ï€Î¿Î»Ï ÎµÎ»ÎºÏ…ÏƒÏ„Î¹ÎºÎ® επενδυτική ευκαιÏία.
Residential plot in a lively and central location in Panagia Quarter in Nicosia Municipality, near Konstantinou & Elenis church with easy access to Larnakos Avenue.The property is ideally situated close to many of amenities and services such as supermarkets, shops, schools with easy accessibility to the Nicosia city center.The plot has a rectangular shape, with a total frontage of 20 meters (approx.). It is noted that within the property there is a ground floor house that bares no economical value.The plot falls within the Residential Zone Ka3 which allows the construction of a four - storey residential buildingIt is ideal for development and a very attractive investment opportunity. Οικόπεδο σε κεντÏική τοποθεσία στη συνοικία της ΠαναγιÎÏ‚ στο Δήμο Îευκωσίας, κοντΠστην πεÏιοχή της εκκλησίας Κωνσταντίνου και ΕλÎνης με εÏκολη Ï€Ïόσβαση στη ÎεωφόÏο ÎÎÏνακος.Το ακίνητο βÏίσκεται σε ιδανική τοποθεσία κοντΠσε πολλÎÏ‚ ανÎσεις και υπηÏεσίες, όπως υπεÏαγοÏÎÏ‚, καταστήματα, σχολεία με εÏκολη Ï€Ïόσβαση στο κÎντÏο της Îευκωσίας.Το οικόπεδο Îχει οÏθογώνιο σχήμα, με συνολική Ï€Ïόσοψη 20 μÎÏ„Ïων (πεÏίπου).Σημειώνεται ότι μÎσα στην ιδιοκτησία Ï…Ï€ÎÏχει ισόγειο σπίτι που δεν Îχει οικονομική αξία.Το οικόπεδο εμπίπτει στην Οικιστική Ζώνη Ka3 που επιτÏÎπει την κατασκευή τετÏαώÏοφου κτηÏίου κατοικιών.Είναι ιδανικό για ανÎπτυξη και μια Ï€Î¿Î»Ï ÎµÎ»ÎºÏ…ÏƒÏ„Î¹ÎºÎ® επενδυτική ευκαιÏία.
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Currency Exchange
Panagia, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
Panagia, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 £9,965 more.
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