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Land, For Sale, Nicosia, Latsia, Agios Georgios
Latsia, Cyprus
REF: 770722
€590,000
Description
RESIDENTIAL LAND in Latsia, Agios Georgios. Residential land in Latsia Municipality of Nicosia District. It is situated within walking distance from Sklavenitis supermarket. It has a regular shape with an even surface and borders two public roads.The property falls within the Residential Zone (Kα5), having a building density of 100% that allows for the construction of a 3-storey building. The plot is an ideal choice for a residential development or for the division into plots. It is noted that the property will be affected by the construction of a future road network that will divide the field into two separate plots and a green area.
RESIDENTIAL LAND in Latsia, Agios Georgios. Residential land in Latsia Municipality of Nicosia District. It is situated within walking distance from Sklavenitis supermarket. It has a regular shape with an even surface and borders two public roads.The property falls within the Residential Zone (Kα5), having a building density of 100% that allows for the construction of a 3-storey building. The plot is an ideal choice for a residential development or for the division into plots. It is noted that the property will be affected by the construction of a future road network that will divide the field into two separate plots and a green area.
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Currency Exchange
Latsia, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
Latsia, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
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 £20,975 more.
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