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Land, For Sale, Nicosia, Kokkinotrimithia
KOKKINOTRIMITHIA, Kokkinotrimithia, Cyprus
REF: 782064
€620,000
Description
Location €¢ Conveniently situated across from the well-known "LIDL" supermarket. €¢ Proximity to the Nicosia - Troodos highway ensures easy commuting. €¢ Close to a variety of essential amenities: schools, banks, supermarkets, and boutique shops. €¢ Excellent accessibility to the motorway for seamless travel. €¢ The area's attractiveness and accessibility have led to a rising demand for residential properties. Land Characteristics €¢ Total area of area 5355sqm with 195meters total frontage. €¢ Rectangular shape and even surface, providing an ideal foundation for development. €¢ Approximately 195 meters of frontage along the western, northern, and eastern boundaries, abutting a public registered road. €¢ Unique corner plot with a southern boundary adjacent to a pedestrian walkway. €¢ Positioned opposite a green area and government land, enhancing the overall ambiance. €¢ Zoned as Η2, allowing for the construction of two-storey buildings with a generous building factor of 90%. Advantages - Special Features €¢ Expansive plot, perfect for a variety of development options. €¢ Strategic location offering easy access to Nicosia - Troodos highway and the city center. €¢ An opportunity to create a residence that perfectly blends comfort and convenience. €¢ Seize this rare opportunity to build your dream home in a location that combines modern amenities with natural charm. Contact us now to unlock the potential of this prime residential plot!
Location €¢ Conveniently situated across from the well-known "LIDL" supermarket. €¢ Proximity to the Nicosia - Troodos highway ensures easy commuting. €¢ Close to a variety of essential amenities: schools, banks, supermarkets, and boutique shops. €¢ Excellent accessibility to the motorway for seamless travel. €¢ The area's attractiveness and accessibility have led to a rising demand for residential properties. Land Characteristics €¢ Total area of area 5355sqm with 195meters total frontage. €¢ Rectangular shape and even surface, providing an ideal foundation for development. €¢ Approximately 195 meters of frontage along the western, northern, and eastern boundaries, abutting a public registered road. €¢ Unique corner plot with a southern boundary adjacent to a pedestrian walkway. €¢ Positioned opposite a green area and government land, enhancing the overall ambiance. €¢ Zoned as Η2, allowing for the construction of two-storey buildings with a generous building factor of 90%. Advantages - Special Features €¢ Expansive plot, perfect for a variety of development options. €¢ Strategic location offering easy access to Nicosia - Troodos highway and the city center. €¢ An opportunity to create a residence that perfectly blends comfort and convenience. €¢ Seize this rare opportunity to build your dream home in a location that combines modern amenities with natural charm. Contact us now to unlock the potential of this prime residential plot!
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Property on Map
Currency Exchange
KOKKINOTRIMITHIA, Kokkinotrimithia, 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 €620,000 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 |
|---|---|---|---|
| €620,000 | £510,818 | £532,859 | £22,041 |
| Property Price € | €620,000 |
| Minimum cost in the last six months | £510,818 |
| Maximum cost in the last six months | £532,859 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,041 |
KOKKINOTRIMITHIA, Kokkinotrimithia, 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 €620,000 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 |
|---|---|---|---|
| €620,000 | £510,818 | £532,859 | £22,041 |
| Property Price € | €620,000 |
| Minimum cost in the last six months | £510,818 |
| Maximum cost in the last six months | £532,859 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,041 |
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 £22,041 more.
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