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Land, For Sale, Nicosia, Strovolos, Ap
STROVOLOS, Strovolos, Cyprus
REF: 770803
€1,399,000
Description
Location €¢ Corner industrial plot, adjacent to green area and government owned land, extending to about 3.126 sq.m. in total, in Strovolos, Nicosias' commercial/industrial area. €¢ The property benefits from easy access to the Nicosia-Limassol highway. €¢ It is situated in a dead-end road, next to the green point of Strovolos Municipality near to The Mall of Cyprus as well as the Nicosia General Hospital. €¢ The surrounding area comprises mainly of large commercial and industrial units and car showrooms. Plot Characteristics €¢ The property has a flat surface, a relatively regular shape and access is via a registered road with a total road frontage of approximately 83m. €¢ The property falls within Zone Βα3, with a building coefficient of 100%, coverage of 60%, and permission for 2 floors of construction. Advantages - Special Features €¢ Large industrial plot in a high demanded area with easy access to many of amenities and the highway to all cities, ports and airports.
Location €¢ Corner industrial plot, adjacent to green area and government owned land, extending to about 3.126 sq.m. in total, in Strovolos, Nicosias' commercial/industrial area. €¢ The property benefits from easy access to the Nicosia-Limassol highway. €¢ It is situated in a dead-end road, next to the green point of Strovolos Municipality near to The Mall of Cyprus as well as the Nicosia General Hospital. €¢ The surrounding area comprises mainly of large commercial and industrial units and car showrooms. Plot Characteristics €¢ The property has a flat surface, a relatively regular shape and access is via a registered road with a total road frontage of approximately 83m. €¢ The property falls within Zone Βα3, with a building coefficient of 100%, coverage of 60%, and permission for 2 floors of construction. Advantages - Special Features €¢ Large industrial plot in a high demanded area with easy access to many of amenities and the highway to all cities, ports and airports.
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Currency Exchange
STROVOLOS, Strovolos, 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 €1,399,000 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 |
|---|---|---|---|
| €1,399,000 | £1,152,636 | £1,202,371 | £49,734 |
| Property Price € | €1,399,000 |
| Minimum cost in the last six months | £1,152,636 |
| Maximum cost in the last six months | £1,202,371 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,734 |
STROVOLOS, Strovolos, 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 €1,399,000 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 |
|---|---|---|---|
| €1,399,000 | £1,152,636 | £1,202,371 | £49,734 |
| Property Price € | €1,399,000 |
| Minimum cost in the last six months | £1,152,636 |
| Maximum cost in the last six months | £1,202,371 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,734 |
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 £49,734 more.
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