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Land, For Sale, Limassol, Kyperounta
Kyperounta, Cyprus
REF: 771159
€75,000
Description
Located in the Troodos mountain range, in the Pitsilia region of the Lemesos (Limassol) district, the village of Kyperounta sits at an altitude of approximately 1.300 metres. It is 45 km from Lemesos, and can be reached by following the B8 route (from the roundabout of Polemidia), then the E801, followed by the E809, and finally the F946.The leafy village is the third highest on the island and maintains its traditional character. Its distinctive features of uphill roads, grapevines, small yards with high barnyards, and houses with tiled, zinc roofs and picturesque lofts add to its natural charm.The village was established in Byzantine times and takes its name from the weed €˜kypros€™ or €˜kyperi€™, which grows abundantly in the area. The residential land has a build density of 65% and a coverage of 35% with two floors allowed to be built.Perfect for a summer house.
Located in the Troodos mountain range, in the Pitsilia region of the Lemesos (Limassol) district, the village of Kyperounta sits at an altitude of approximately 1.300 metres. It is 45 km from Lemesos, and can be reached by following the B8 route (from the roundabout of Polemidia), then the E801, followed by the E809, and finally the F946.The leafy village is the third highest on the island and maintains its traditional character. Its distinctive features of uphill roads, grapevines, small yards with high barnyards, and houses with tiled, zinc roofs and picturesque lofts add to its natural charm.The village was established in Byzantine times and takes its name from the weed €˜kypros€™ or €˜kyperi€™, which grows abundantly in the area. The residential land has a build density of 65% and a coverage of 35% with two floors allowed to be built.Perfect for a summer house.
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Currency Exchange
Kyperounta, 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 €75,000 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 |
|---|---|---|---|
| €75,000 | £61,793 | £64,459 | £2,666 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £61,793 |
| Maximum cost in the last six months | £64,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,666 |
Kyperounta, 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 €75,000 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 |
|---|---|---|---|
| €75,000 | £61,793 | £64,459 | £2,666 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £61,793 |
| Maximum cost in the last six months | £64,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,666 |
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 £2,666 more.
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