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Land, For Sale, Limassol, Mandria
Mandria, Cyprus
REF: 859373
€245,000
Description
The property concerns 4 abutting residential pieces of land, in Mandria village, in Limassol District. As a single unit, It has an irregular shape with an inclined surface and it is accessible through a right of way. The properties fall within the Residential zone Η4 having a building density of 40%, coverage 25%, 2 floors allowance and height 8.3m. It is noted that the property has a Planning Permit for the division and separation into 8 separated plots. The permit has an expiry date of 22/12/2024. The properties are sold as a single unit with total area of 7,656 sqm.
The property concerns 4 abutting residential pieces of land, in Mandria village, in Limassol District. As a single unit, It has an irregular shape with an inclined surface and it is accessible through a right of way. The properties fall within the Residential zone Η4 having a building density of 40%, coverage 25%, 2 floors allowance and height 8.3m. It is noted that the property has a Planning Permit for the division and separation into 8 separated plots. The permit has an expiry date of 22/12/2024. The properties are sold as a single unit with total area of 7,656 sqm.
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Currency Exchange
Mandria, 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 €245,000 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 |
|---|---|---|---|
| €245,000 | £201,856 | £210,565 | £8,710 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £201,856 |
| Maximum cost in the last six months | £210,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,710 |
Mandria, 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 €245,000 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 |
|---|---|---|---|
| €245,000 | £201,856 | £210,565 | £8,710 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £201,856 |
| Maximum cost in the last six months | £210,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,710 |
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 £8,710 more.
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