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Land, For Sale, Nicosia, Kaimakli
Kaimakli, Cyprus
REF: 770213
€200,000
Description
Residential plot in a central location in Kaimakli Quarter in Nicosia Municipality, close of Kantaras Avenue and ldquo Bata€ roundabout.The plot located near to many of amenities and services with easy access to the Nicosia city center.It has a rectangular shape and a level topography, with a frontage of 22 meters.It is considered as an ideal choice for a land developer or an individual. It is important to note that given the lack of empty plots in the area, it is an attractive investment opportunity.The property has acquired a planning permit for the construction of a building with twelve apartments. Οικιστικό οικόπεδο σε κεντÏική τοποθεσία στη συνοικία Καϊμακλι του Δήμου Îευκωσίας, κοντΠστη ÎεωφόÏο ΚαντÎÏας και τον κυκλικό κόμβο «BATA».Το οικόπεδο βÏίσκεται κοντΠσε πολλÎÏ‚ ανÎσεις και υπηÏεσίες με εÏκολη Ï€Ïόσβαση στο κÎντÏο της Îευκωσίας. Έχει οÏθογώνιο σχήμα και επίπεδο τοπογÏαφία, με Ï€Ïόσοψη 22 μÎÏ„Ïα. ΘεωÏείται ως ιδανική επιλογή για Îναν κατασκευαστή γης ή Îναν ιδιώτη. Είναι σημαντικό να σημειωθεί ότι δεδομÎνης της Îλλειψης κενών οικοπÎδων στην πεÏιοχή, αποτελεί μια ελκυστική επενδυτική ευκαιÏία. Το ακίνητο Îχει αποκτήσει πολεοδομική Îδεια για ανÎγεÏση κτιÏίου με δώδεκα διαμεÏίσματα.
Residential plot in a central location in Kaimakli Quarter in Nicosia Municipality, close of Kantaras Avenue and ldquo Bata€ roundabout.The plot located near to many of amenities and services with easy access to the Nicosia city center.It has a rectangular shape and a level topography, with a frontage of 22 meters.It is considered as an ideal choice for a land developer or an individual. It is important to note that given the lack of empty plots in the area, it is an attractive investment opportunity.The property has acquired a planning permit for the construction of a building with twelve apartments. Οικιστικό οικόπεδο σε κεντÏική τοποθεσία στη συνοικία Καϊμακλι του Δήμου Îευκωσίας, κοντΠστη ÎεωφόÏο ΚαντÎÏας και τον κυκλικό κόμβο «BATA».Το οικόπεδο βÏίσκεται κοντΠσε πολλÎÏ‚ ανÎσεις και υπηÏεσίες με εÏκολη Ï€Ïόσβαση στο κÎντÏο της Îευκωσίας. Έχει οÏθογώνιο σχήμα και επίπεδο τοπογÏαφία, με Ï€Ïόσοψη 22 μÎÏ„Ïα. ΘεωÏείται ως ιδανική επιλογή για Îναν κατασκευαστή γης ή Îναν ιδιώτη. Είναι σημαντικό να σημειωθεί ότι δεδομÎνης της Îλλειψης κενών οικοπÎδων στην πεÏιοχή, αποτελεί μια ελκυστική επενδυτική ευκαιÏία. Το ακίνητο Îχει αποκτήσει πολεοδομική Îδεια για ανÎγεÏση κτιÏίου με δώδεκα διαμεÏίσματα.
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Currency Exchange
Kaimakli, 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 €200,000 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 |
|---|---|---|---|
| €200,000 | £165,662 | £171,890 | £6,228 |
| Property Price € | €200,000 |
| Minimum cost in the last six months | £165,662 |
| Maximum cost in the last six months | £171,890 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,228 |
Kaimakli, 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 €200,000 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 |
|---|---|---|---|
| €200,000 | £165,662 | £171,890 | £6,228 |
| Property Price € | €200,000 |
| Minimum cost in the last six months | £165,662 |
| Maximum cost in the last six months | £171,890 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,228 |
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 £6,228 more.
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