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P-0083 Building Plot in Kissonerga
Plot 83, Kaminia, Kissonerga, Cyprus
REF: 839369
€800,000
Description
This land is located in the residential area of Kissonerga and is a great piece of land for building a permanent home. Kissonerga is a village located in the South West of Cyprus, about 8 km north of Paphos. This is a region notable for the cultivation of banana plantations affording the area with much appreciated greenery. The village is positioned perfectly near the tourist area of Coral Bay where there are several hotels, bars, restaurants and supermarkets. The village itself sits approximately 112 metres above sea level and although close to Paphos Town has managed to retain many of its traditional village charms. Most things are catered for within the village itself including a number of mini-markets, a pharmacy, hairdresser, florists, childrens playground, dance studio, a traditional English tea room and a choice of restaurants and bars.
This land is located in the residential area of Kissonerga and is a great piece of land for building a permanent home. Kissonerga is a village located in the South West of Cyprus, about 8 km north of Paphos. This is a region notable for the cultivation of banana plantations affording the area with much appreciated greenery. The village is positioned perfectly near the tourist area of Coral Bay where there are several hotels, bars, restaurants and supermarkets. The village itself sits approximately 112 metres above sea level and although close to Paphos Town has managed to retain many of its traditional village charms. Most things are catered for within the village itself including a number of mini-markets, a pharmacy, hairdresser, florists, childrens playground, dance studio, a traditional English tea room and a choice of restaurants and bars.
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Currency Exchange
Plot 83, Kaminia, Kissonerga, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
Plot 83, Kaminia, Kissonerga, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
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 £24,912 more.
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