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Land, For Sale, Nicosia, Lakatameia
Theofilou Georgiadi, Lakatamia 2325, Cyprus, Lakatameia, Cyprus
REF: 829240
€121,000
Description
Promotional Offer: €¢ Asking Price: ‚152000 €¢ Promotion Price: ‚121000 €¢ Firm Price - No Negotiations. Terms and Conditions Apply Location: €¢ The asset located in walking distance from Tseriou Avenue and 2km southwest of GSP stadium. €¢ Close to a variety of amenities with easy access to the new "Ring road". €¢ Well-connected with excellent access to Nicosia city center and other cities via the Nicosia -Limassol Highway. Plot Characteristics: €¢ Residential plot No.12, with total area of 587 sqm and a road frontage on a public road €¢ Rectangular shape with a flat surface, suitable for various construction projects. €¢ Zoned in residential planning area Κα8, with 60% building density, 35% coverage, 2 floors, and a maximum height of 10 meters. Advantages - Special Features: €¢ Surrounded of undeveloped parcels of land as well as some scattered residential developments like detached houses, ensuring a desirable neighborhood. €¢ Quick and convenient access to both the city center and major highways. €¢ Ideal for families or investors seeking a tranquil yet accessible location. €¢ Competitive pricing and great value for a residential plot in this area.
Promotional Offer: €¢ Asking Price: ‚152000 €¢ Promotion Price: ‚121000 €¢ Firm Price - No Negotiations. Terms and Conditions Apply Location: €¢ The asset located in walking distance from Tseriou Avenue and 2km southwest of GSP stadium. €¢ Close to a variety of amenities with easy access to the new "Ring road". €¢ Well-connected with excellent access to Nicosia city center and other cities via the Nicosia -Limassol Highway. Plot Characteristics: €¢ Residential plot No.12, with total area of 587 sqm and a road frontage on a public road €¢ Rectangular shape with a flat surface, suitable for various construction projects. €¢ Zoned in residential planning area Κα8, with 60% building density, 35% coverage, 2 floors, and a maximum height of 10 meters. Advantages - Special Features: €¢ Surrounded of undeveloped parcels of land as well as some scattered residential developments like detached houses, ensuring a desirable neighborhood. €¢ Quick and convenient access to both the city center and major highways. €¢ Ideal for families or investors seeking a tranquil yet accessible location. €¢ Competitive pricing and great value for a residential plot in this area.
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Currency Exchange
Theofilou Georgiadi, Lakatamia 2325, Cyprus, Lakatameia, 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 €121,000 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 |
|---|---|---|---|
| €121,000 | £100,226 | £103,993 | £3,768 |
| Property Price € | €121,000 |
| Minimum cost in the last six months | £100,226 |
| Maximum cost in the last six months | £103,993 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,768 |
Theofilou Georgiadi, Lakatamia 2325, Cyprus, Lakatameia, 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 €121,000 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 |
|---|---|---|---|
| €121,000 | £100,226 | £103,993 | £3,768 |
| Property Price € | €121,000 |
| Minimum cost in the last six months | £100,226 |
| Maximum cost in the last six months | £103,993 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,768 |
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 £3,768 more.
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