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Land, For Sale, Nicosia, Strovolos
Strovolos, Cyprus
REF: 771988
€550,000
Description
The property is a residential field in Strovolos. It is located in a privileged spot near to Stavrou Avenue, in close distance to Falcon Private School. It provides great access to amenities and Nicosia centre. The field can be divided into smaller plots and is suitable for the development of houses or apartments. Important information: The property adjoins a public road for which it was decided to widen. As a result, the area of €‹€‹the property will be reduced to 1400 square meters net. Το ακίνητο είναι μία μεγÎλη οικιστική Îκταση στον ΣτÏόβολο. Î’Ïίσκεται σε Ï€Ïονομιακό σημείο κοντΠστη λεωφόÏο ΣταυÏÎ¿Ï ÏƒÎµ κοντινή απόσταση από το Ιδιωτικό Σχολείο Falcon.Έχει εξαιÏετική Ï€Ïόσβαση σε πολλÎÏ‚ ανÎσεις και υπηÏεσίες και στο κÎντÏο της Îευκωσίας. Το ακίνητο μποÏεί να χωÏιστεί σε μικÏότεÏα οικόπεδα και είναι κατÎλληλο για ανÎπτυξη κατοικιών ή διαμεÏισμÎτων. ΣημαντικÎÏ‚ πληÏοφοÏίες: Το ακίνητο εφÎπτεται σε δημόσιο δÏόμο για τον οποίο αποφασίστηκε η διαπλÎτυνσή του. Ως αποτÎλεσμα, η επιφÎνεια του ακινήτου θα μειωθεί στα 1400 τετÏαγωνικΠμÎÏ„Ïα καθαÏÎ.
The property is a residential field in Strovolos. It is located in a privileged spot near to Stavrou Avenue, in close distance to Falcon Private School. It provides great access to amenities and Nicosia centre. The field can be divided into smaller plots and is suitable for the development of houses or apartments. Important information: The property adjoins a public road for which it was decided to widen. As a result, the area of €‹€‹the property will be reduced to 1400 square meters net. Το ακίνητο είναι μία μεγÎλη οικιστική Îκταση στον ΣτÏόβολο. Î’Ïίσκεται σε Ï€Ïονομιακό σημείο κοντΠστη λεωφόÏο ΣταυÏÎ¿Ï ÏƒÎµ κοντινή απόσταση από το Ιδιωτικό Σχολείο Falcon.Έχει εξαιÏετική Ï€Ïόσβαση σε πολλÎÏ‚ ανÎσεις και υπηÏεσίες και στο κÎντÏο της Îευκωσίας. Το ακίνητο μποÏεί να χωÏιστεί σε μικÏότεÏα οικόπεδα και είναι κατÎλληλο για ανÎπτυξη κατοικιών ή διαμεÏισμÎτων. ΣημαντικÎÏ‚ πληÏοφοÏίες: Το ακίνητο εφÎπτεται σε δημόσιο δÏόμο για τον οποίο αποφασίστηκε η διαπλÎτυνσή του. Ως αποτÎλεσμα, η επιφÎνεια του ακινήτου θα μειωθεί στα 1400 τετÏαγωνικΠμÎÏ„Ïα καθαÏÎ.
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Currency Exchange
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £472,698 | £19,553 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,553 |
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £472,698 | £19,553 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,553 |
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 £19,553 more.
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