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P-0070 Land 582m For Sale in Tremithousa
Tremithousa, Cyprus
REF: 839358
€190,000
Description
A good size plot 582m available for commercial use in the sought after village of Tremithousa. Great location close to the village centre and nearby Paphos to Polis road making it an ideal investment opportunity for the development of premises for a business. The village of Tremithousa is located approximately 4 km north east of the city of Paphos. With an average altitude ranging from 150m-500m above sea level, its elevated position offers panoramic views over the Paphos area and coastline. The village is interspersed with many small mountain streams and springs which provide much needed irrigation to the locally grown crops. The area is also known for its production of fragrant honey. All essential amenities can be found within the village, including tavernas, small shops and banking facilities and with Paphos Town just a few minutes drive down the hill, it is ideally placed for permanent residency or holiday occupation. Tremithousa village provides an ideal location for access to other surrounding villages, towns, beaches and all types of leisure facilities.
A good size plot 582m available for commercial use in the sought after village of Tremithousa. Great location close to the village centre and nearby Paphos to Polis road making it an ideal investment opportunity for the development of premises for a business. The village of Tremithousa is located approximately 4 km north east of the city of Paphos. With an average altitude ranging from 150m-500m above sea level, its elevated position offers panoramic views over the Paphos area and coastline. The village is interspersed with many small mountain streams and springs which provide much needed irrigation to the locally grown crops. The area is also known for its production of fragrant honey. All essential amenities can be found within the village, including tavernas, small shops and banking facilities and with Paphos Town just a few minutes drive down the hill, it is ideally placed for permanent residency or holiday occupation. Tremithousa village provides an ideal location for access to other surrounding villages, towns, beaches and all types of leisure facilities.
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Currency Exchange
Tremithousa, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £157,379 | £163,296 | £5,917 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £157,379 |
| Maximum cost in the last six months | £163,296 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,917 |
Tremithousa, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £157,379 | £163,296 | £5,917 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £157,379 |
| Maximum cost in the last six months | £163,296 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,917 |
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 £5,917 more.
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