Land, For Sale, Famagusta, Paralimni

Paralimni, Cyprus

For Sale

€472,500

REF: 818702 €472,500


Description

Great Investment opportunity n Paralimini in a prime location. Plot with an old house is available for sale. the plot is 337m2 with Desity of 120%, Coverage 50% and 3 floor allowance. For more details please contact Sandi
Great Investment opportunity n Paralimini in a prime location. Plot with an old house is available for sale. the plot is 337m2 with Desity of 120%, Coverage 50% and 3 floor allowance. For more details please contact Sandi
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Property on Map

#34374

Currency Exchange

Paralimni, 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 €472,500 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
€472,500 £389,293 £406,090 £16,797
Property Price € €472,500
Minimum cost in the last six months £389,293
Maximum cost in the last six months £406,090
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,797

Paralimni, 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 €472,500 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
€472,500 £389,293 £406,090 £16,797
Property Price € €472,500
Minimum cost in the last six months £389,293
Maximum cost in the last six months £406,090
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,797

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 £16,797 more.

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