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Land, For Sale, Nicosia, Pachyammos
Pachyammos, Cyprus
REF: 770650
€175,000
Description
Land of 1598sqm in a walking distance to the sea . With building density 90% , coverage of 50% and 2 floors allowance with 8.3m height! It is located in one of the most beautiful areas of Nicosia District, where seashore and inland area are unified into one, where mountains lead straight to the sea! An investor may consider among other the following options: Good prospects for a high return, taking into account that the highway connecting Paphos City with Polis Chrysochous area (is scheduled to be constructed within the next few years) Investing in peaceful place where you can enjoy the unique beauty generously granted by nature. While the sunset begins, the few scattered clouds take a soft golden color and create a marvelous view. The Sunset is blissful, wonderful and wild! Even in the same place every sunset is different from day to day. Pachyammos is the ideal place to watch the sunset, idyllicescape for those who seek privacyand enjoy active holidays in nature!
Land of 1598sqm in a walking distance to the sea . With building density 90% , coverage of 50% and 2 floors allowance with 8.3m height! It is located in one of the most beautiful areas of Nicosia District, where seashore and inland area are unified into one, where mountains lead straight to the sea! An investor may consider among other the following options: Good prospects for a high return, taking into account that the highway connecting Paphos City with Polis Chrysochous area (is scheduled to be constructed within the next few years) Investing in peaceful place where you can enjoy the unique beauty generously granted by nature. While the sunset begins, the few scattered clouds take a soft golden color and create a marvelous view. The Sunset is blissful, wonderful and wild! Even in the same place every sunset is different from day to day. Pachyammos is the ideal place to watch the sunset, idyllicescape for those who seek privacyand enjoy active holidays in nature!
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Currency Exchange
Pachyammos, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £144,183 | £150,404 | £6,221 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £144,183 |
| Maximum cost in the last six months | £150,404 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,221 |
Pachyammos, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £144,183 | £150,404 | £6,221 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £144,183 |
| Maximum cost in the last six months | £150,404 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,221 |
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 £6,221 more.
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