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Land, For Sale, Nicosia, Latsia
Latsia, Latsia, Cyprus
REF: 780449
€215,000
Description
Uncover the potential of this exceptional plot, spanning approximately 713sq.m., nestled in the heart of Latsia Municipality. Boasting a flat surface, this property offers a canvas for your dream project. Location €¢ Strategically situated this plot enjoys proximity to key amenities and easy access to major thoroughfares. €¢ Access to the property is seamless, thanks to a registered road with an impressive frontage of approximately 19m. €¢ Zoning: Falling within Zone Βδκ (Mixed residential with Industrial zone), this plot opens doors to versatile possibilities. The building coefficient stands at 100%, allowing for significant construction, while the coverage is set at 50%. Take advantage of the permission for the construction of up to 2 floors. Investment Highlights: €¢ Ideal for residential or mixed-use development. €¢ Strategically positioned for both convenience and growth. €¢ An excellent opportunity to maximize your investment in a thriving location. Seize this chance to shape your vision into reality. Whether you're envisioning a dream home or a lucrative development project, this plot offers the perfect foundation. Please feel free to contact us for more details and to schedule a site visit.
Uncover the potential of this exceptional plot, spanning approximately 713sq.m., nestled in the heart of Latsia Municipality. Boasting a flat surface, this property offers a canvas for your dream project. Location €¢ Strategically situated this plot enjoys proximity to key amenities and easy access to major thoroughfares. €¢ Access to the property is seamless, thanks to a registered road with an impressive frontage of approximately 19m. €¢ Zoning: Falling within Zone Βδκ (Mixed residential with Industrial zone), this plot opens doors to versatile possibilities. The building coefficient stands at 100%, allowing for significant construction, while the coverage is set at 50%. Take advantage of the permission for the construction of up to 2 floors. Investment Highlights: €¢ Ideal for residential or mixed-use development. €¢ Strategically positioned for both convenience and growth. €¢ An excellent opportunity to maximize your investment in a thriving location. Seize this chance to shape your vision into reality. Whether you're envisioning a dream home or a lucrative development project, this plot offers the perfect foundation. Please feel free to contact us for more details and to schedule a site visit.
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Currency Exchange
Latsia, 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 €215,000 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 |
|---|---|---|---|
| €215,000 | £178,087 | £184,782 | £6,695 |
| Property Price € | €215,000 |
| Minimum cost in the last six months | £178,087 |
| Maximum cost in the last six months | £184,782 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,695 |
Latsia, 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 €215,000 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 |
|---|---|---|---|
| €215,000 | £178,087 | £184,782 | £6,695 |
| Property Price € | €215,000 |
| Minimum cost in the last six months | £178,087 |
| Maximum cost in the last six months | £184,782 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,695 |
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 £6,695 more.
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