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P-0075 Land 12,496m For Sale in Peyia
Perti Kari, Pegeia, Cyprus
REF: 839362
€1,950,000
Description
Substantial piece of land 12,496m located above a ravine benefitting from uninterrupted views of the Paphos coastline. The land is in close proximity to the sea with good accessibility to surrounding areas. Situated in a quiet area of Peyia the rectangular plot is conveniently located and is an ideal investment opportunity offering building potential. Peyia (also spelt Pegeia) is located 14km north of Paphos Town and sits on the steep slopes of the coastal hills inland from Coral Bay at the southern end of the Akamas Peninsula. This is home to many non-Cypriot residents and due to the size of this popular village you will find most conveniences are catered for. As the largest village in Paphos bordering Kathikas, Akoursos, Kissonerga and the Akamas Peninsular there is plenty to do here including swimming at the renowned Blue Flag awarded Coral Bay Beach.
Substantial piece of land 12,496m located above a ravine benefitting from uninterrupted views of the Paphos coastline. The land is in close proximity to the sea with good accessibility to surrounding areas. Situated in a quiet area of Peyia the rectangular plot is conveniently located and is an ideal investment opportunity offering building potential. Peyia (also spelt Pegeia) is located 14km north of Paphos Town and sits on the steep slopes of the coastal hills inland from Coral Bay at the southern end of the Akamas Peninsula. This is home to many non-Cypriot residents and due to the size of this popular village you will find most conveniences are catered for. As the largest village in Paphos bordering Kathikas, Akoursos, Kissonerga and the Akamas Peninsular there is plenty to do here including swimming at the renowned Blue Flag awarded Coral Bay Beach.
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Currency Exchange
Perti Kari, Pegeia, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,615,205 | £1,675,928 | £60,723 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,615,205 |
| Maximum cost in the last six months | £1,675,928 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £60,723 |
Perti Kari, Pegeia, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,615,205 | £1,675,928 | £60,723 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,615,205 |
| Maximum cost in the last six months | £1,675,928 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £60,723 |
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 £60,723 more.
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