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P-0403 Land 883m For Sale in Lysos
Lysos, Cyprus
REF: 839575
€100,000
Description
Excellent building plot of 883m a short distance to the north of the traditional and peaceful village of Lysos, Paphos benefitting from road access. This residential plot is relatively flat and situated in an elevated position with beautiful views of the surrounding countryside and nearby village, as well as looking down to the bay of Latchi and the Mediterranean Sea. An ideal investment opportunity for buyers seeking a tranquil location to design and build a fabulous private residence in a generously sized plot, perfect for enjoying the village lifestyle. Lysos is built 560m above sea level and from a climate point of view, it is a milder environment during the long warm summer months without the humidity which is found in the coastal areas of Cyprus. However, the winter can become quite cold and snowfall is common. Of course, winter in Cyprus doesn't last for long and during most months Lysos is green as most of the village is taken over by the Paphos Forest. This beautiful mountain village in the Paphos district continues to preserve the Cypriot traditional architecture as many of the old houses have been restored.
Excellent building plot of 883m a short distance to the north of the traditional and peaceful village of Lysos, Paphos benefitting from road access. This residential plot is relatively flat and situated in an elevated position with beautiful views of the surrounding countryside and nearby village, as well as looking down to the bay of Latchi and the Mediterranean Sea. An ideal investment opportunity for buyers seeking a tranquil location to design and build a fabulous private residence in a generously sized plot, perfect for enjoying the village lifestyle. Lysos is built 560m above sea level and from a climate point of view, it is a milder environment during the long warm summer months without the humidity which is found in the coastal areas of Cyprus. However, the winter can become quite cold and snowfall is common. Of course, winter in Cyprus doesn't last for long and during most months Lysos is green as most of the village is taken over by the Paphos Forest. This beautiful mountain village in the Paphos district continues to preserve the Cypriot traditional architecture as many of the old houses have been restored.
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Currency Exchange
Lysos, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £83,188 | £86,062 | £2,874 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £83,188 |
| Maximum cost in the last six months | £86,062 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,874 |
Lysos, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £83,188 | £86,062 | £2,874 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £83,188 |
| Maximum cost in the last six months | £86,062 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,874 |
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 £2,874 more.
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