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Land, For Sale, Limassol, Kyperounta
Kyperounta, Cyprus
REF: 766552
€100,000
Description
At the foot of the Madari mountain range and on the wine trail, one may find the beautiful, picturesque village of Kyperounda. It is the largest mountain village in Cyprus, with a current population of approximately 1500. The village falls under the geographical region of Pitsilia, and is adjacent to the Troodos mountain range. It is located just 43 kilometers north of Limassol, and 78 kilometers from Nicosia, right at the border of the 2 provinces. It has an altitude of 1200 meters and is situated in a valley and surrounded by the mountains of Troodos, Papoutsas, and Madari. The village square was renovated in the 1990s. Today, it houses a couple of coffee shops, both traditional and modern, which welcome village residents and visitors daily. The traditional core of the village, with its cobblestone streets and stone-built houses with tiled roofs, is what makes up Kyperounda€™s picturesque setting. These winding streets around the main square are ideal for exploring the village on foot.The land has a build density of 90% and coverage of 50%.The land is perfect to build a permanent or holiday home.Vat maybe applicable.
At the foot of the Madari mountain range and on the wine trail, one may find the beautiful, picturesque village of Kyperounda. It is the largest mountain village in Cyprus, with a current population of approximately 1500. The village falls under the geographical region of Pitsilia, and is adjacent to the Troodos mountain range. It is located just 43 kilometers north of Limassol, and 78 kilometers from Nicosia, right at the border of the 2 provinces. It has an altitude of 1200 meters and is situated in a valley and surrounded by the mountains of Troodos, Papoutsas, and Madari. The village square was renovated in the 1990s. Today, it houses a couple of coffee shops, both traditional and modern, which welcome village residents and visitors daily. The traditional core of the village, with its cobblestone streets and stone-built houses with tiled roofs, is what makes up Kyperounda€™s picturesque setting. These winding streets around the main square are ideal for exploring the village on foot.The land has a build density of 90% and coverage of 50%.The land is perfect to build a permanent or holiday home.Vat maybe applicable.
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Currency Exchange
Kyperounta, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,390 | £85,945 | £3,555 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,555 |
Kyperounta, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,390 | £85,945 | £3,555 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,555 |
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 £3,555 more.
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