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Land, For Sale, Nicosia, Strovolos, Chryseleousa
Strovolos, Cyprus
REF: 782058
€405,000
Description
Location Discover a prime plot nestled in the heart of the sought-after Chryseleousa Quarter, Strovolos Municipality, Nicosia District. Boasting proximity to a plethora of amenities, including supermarkets, shops, and cafes, this location has witnessed a surge in upscale residential developments, making it a hotspot for those seeking a premium lifestyle. Plot Characteristics €¢ Shape & Topography: This rectangular plot features a level topography, providing a blank canvas for your dream project. €¢ Road Frontage: Enjoy direct access to the public road with an impressive frontage of 18 meters, ensuring both convenience and visibility. €¢ Size: Spanning across 732 sq.m., this generous plot offers ample space for various development possibilities. €¢ Zoning: Strategically positioned within the Residential (Κα8 with 60% building density) and Commercial (Εβ4 with 140% building density) zones, providing flexibility for diverse projects. Investment Potential: This property is not just a plot; it's a canvas of opportunities. Whether you're a seasoned land developer or an individual with a vision, this plot caters to your aspirations. Capitalize on the favorable zoning regulations to create a masterpiece that blends residential and commercial elements seamlessly. Why This Plot? €¢ Strategic Location: Close to essential services and part of a flourishing residential community. €¢ Versatile Zoning: Leverage the mixed zoning for a variety of development options. €¢ High Visibility: With an impressive road frontage, your project won't go unnoticed. €¢ Prime Investment: Ride the wave of the area's recent upscale developments. Seize this golden opportunity and turn your vision into reality. Contact us today to unlock the potential of this exceptional plot in Strovolos, Nicosia.
Location Discover a prime plot nestled in the heart of the sought-after Chryseleousa Quarter, Strovolos Municipality, Nicosia District. Boasting proximity to a plethora of amenities, including supermarkets, shops, and cafes, this location has witnessed a surge in upscale residential developments, making it a hotspot for those seeking a premium lifestyle. Plot Characteristics €¢ Shape & Topography: This rectangular plot features a level topography, providing a blank canvas for your dream project. €¢ Road Frontage: Enjoy direct access to the public road with an impressive frontage of 18 meters, ensuring both convenience and visibility. €¢ Size: Spanning across 732 sq.m., this generous plot offers ample space for various development possibilities. €¢ Zoning: Strategically positioned within the Residential (Κα8 with 60% building density) and Commercial (Εβ4 with 140% building density) zones, providing flexibility for diverse projects. Investment Potential: This property is not just a plot; it's a canvas of opportunities. Whether you're a seasoned land developer or an individual with a vision, this plot caters to your aspirations. Capitalize on the favorable zoning regulations to create a masterpiece that blends residential and commercial elements seamlessly. Why This Plot? €¢ Strategic Location: Close to essential services and part of a flourishing residential community. €¢ Versatile Zoning: Leverage the mixed zoning for a variety of development options. €¢ High Visibility: With an impressive road frontage, your project won't go unnoticed. €¢ Prime Investment: Ride the wave of the area's recent upscale developments. Seize this golden opportunity and turn your vision into reality. Contact us today to unlock the potential of this exceptional plot in Strovolos, Nicosia.
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Property on Map
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 €405,000 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 |
|---|---|---|---|
| €405,000 | £333,680 | £351,576 | £17,897 |
| Property Price € | €405,000 |
| Minimum cost in the last six months | £333,680 |
| Maximum cost in the last six months | £351,576 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,897 |
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 €405,000 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 |
|---|---|---|---|
| €405,000 | £333,680 | £351,576 | £17,897 |
| Property Price € | €405,000 |
| Minimum cost in the last six months | £333,680 |
| Maximum cost in the last six months | £351,576 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,897 |
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 £17,897 more.
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