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Land, For Sale, Nicosia, Egkomi
Egkomi, Cyprus
REF: 768042
€530,000
Description
Commercial plot with a building in Egkomi, Nicosia for Location €¢ The property is located on a commercial avenue, in a short walking distance from Makareio stadium. €¢ Private hospital, Universities, many of amenities and services in a short drive away. Property Characteristics €¢ The building consists of a ground floor with an area of 215sqm, a mezzanine of 89sqm, a basement of 304sqm, and covered verandas of 43sqm. €¢ The plot has an area of 537sqm. €¢ It falls in EB4 planning zone with building density 140%, building coverage 50% and allows 4 floors building. Advantages - Special Features €¢ The property offers close proximity to universities, all amenities and excellent access to Nicosia's center. ΕμποÏικό οικόπεδο με υφιστÎμενο κτίÏιο στην Έγκωμη Îευκωσίας Τοποθεσία €¢ Το ακίνητο βÏίσκεται σε εμποÏική λεωφόÏο, σε μικÏή απόσταση με τα πόδια από το ΜακÎÏειο στÎδιο. €¢ Ιδιωτικό νοσοκομείο, Πανεπιστήμια, πολλÎÏ‚ ανÎσεις και υπηÏεσίες σε μικÏή απόσταση με το αυτοκίνητο.ΧαÏακτηÏιστικΠAκινήτου €¢ Το κτίÏιο αποτελείται από ισόγειο ÎµÎ¼Î²Î±Î´Î¿Ï 215τμ, ημιώÏοφο 89τμ, υπόγειο 304τμ, και σκεπαστÎÏ‚ βεÏÎντες 43τμ. €¢ Το οικόπεδο Îχει εμβαδόν 537τμ. €¢ Εμπίπτει σε πολεοδομική ζώνη ΕΒ4 με συντελεστή δόμησης 140%, κÎλυψη κτιÏίου 50% και επιτÏÎπει 4ÏŒÏοφη δόμηση. Πλεονεκτήματα - ΙδιαίτεÏα ΧαÏακτηÏιστικΠ€¢ Το ακίνητο Ï€ÏοσφÎÏει κοντινή απόσταση από πανεπιστήμια, όλες τις ανÎσεις και εξαιÏετική Ï€Ïόσβαση στο κÎντÏο της Îευκωσίας.
Commercial plot with a building in Egkomi, Nicosia for Location €¢ The property is located on a commercial avenue, in a short walking distance from Makareio stadium. €¢ Private hospital, Universities, many of amenities and services in a short drive away. Property Characteristics €¢ The building consists of a ground floor with an area of 215sqm, a mezzanine of 89sqm, a basement of 304sqm, and covered verandas of 43sqm. €¢ The plot has an area of 537sqm. €¢ It falls in EB4 planning zone with building density 140%, building coverage 50% and allows 4 floors building. Advantages - Special Features €¢ The property offers close proximity to universities, all amenities and excellent access to Nicosia's center. ΕμποÏικό οικόπεδο με υφιστÎμενο κτίÏιο στην Έγκωμη Îευκωσίας Τοποθεσία €¢ Το ακίνητο βÏίσκεται σε εμποÏική λεωφόÏο, σε μικÏή απόσταση με τα πόδια από το ΜακÎÏειο στÎδιο. €¢ Ιδιωτικό νοσοκομείο, Πανεπιστήμια, πολλÎÏ‚ ανÎσεις και υπηÏεσίες σε μικÏή απόσταση με το αυτοκίνητο.ΧαÏακτηÏιστικΠAκινήτου €¢ Το κτίÏιο αποτελείται από ισόγειο ÎµÎ¼Î²Î±Î´Î¿Ï 215τμ, ημιώÏοφο 89τμ, υπόγειο 304τμ, και σκεπαστÎÏ‚ βεÏÎντες 43τμ. €¢ Το οικόπεδο Îχει εμβαδόν 537τμ. €¢ Εμπίπτει σε πολεοδομική ζώνη ΕΒ4 με συντελεστή δόμησης 140%, κÎλυψη κτιÏίου 50% και επιτÏÎπει 4ÏŒÏοφη δόμηση. Πλεονεκτήματα - ΙδιαίτεÏα ΧαÏακτηÏιστικΠ€¢ Το ακίνητο Ï€ÏοσφÎÏει κοντινή απόσταση από πανεπιστήμια, όλες τις ανÎσεις και εξαιÏετική Ï€Ïόσβαση στο κÎντÏο της Îευκωσίας.
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Currency Exchange
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 €530,000 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 |
|---|---|---|---|
| €530,000 | £439,004 | £455,509 | £16,504 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £439,004 |
| Maximum cost in the last six months | £455,509 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,504 |
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 €530,000 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 |
|---|---|---|---|
| €530,000 | £439,004 | £455,509 | £16,504 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £439,004 |
| Maximum cost in the last six months | £455,509 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,504 |
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 £16,504 more.
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