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Discover a rare investment opportunity in the sought-after area of Sea Caves, Peyia, Paphos
Sea Caves - St.George, Paphos, Cyprus
REF: 879358
€1,100,000
Description
Discover a rare investment opportunity in the sought-after area of Sea Caves, Peyia, Paphos. This expansive 4,255 square meter agricultural plot offers a unique blend of tranquility, natural beauty, and potential for development. Perfectly positioned on the second line to the beach, this plot provides breathtaking views of the Mediterranean Sea and is only a stone's throw away from some of the best beaches in Cyprus. This plot is ideal for those looking to invest in a serene environment with easy access to modern amenities. The area is renowned for its peaceful ambiance, making it a great choice for developing a private estate, a charming rural retreat, or a profitable agricultural venture.
Discover a rare investment opportunity in the sought-after area of Sea Caves, Peyia, Paphos. This expansive 4,255 square meter agricultural plot offers a unique blend of tranquility, natural beauty, and potential for development. Perfectly positioned on the second line to the beach, this plot provides breathtaking views of the Mediterranean Sea and is only a stone's throw away from some of the best beaches in Cyprus. This plot is ideal for those looking to invest in a serene environment with easy access to modern amenities. The area is renowned for its peaceful ambiance, making it a great choice for developing a private estate, a charming rural retreat, or a profitable agricultural venture.
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Currency Exchange
Sea Caves - St.George, Paphos, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
Sea Caves - St.George, Paphos, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
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 £34,254 more.
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