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It is a large residential field located in Erimi, Limassol
Erimi, Limassol, Cyprus
REF: 882429
€780,000
Description
It is a large residential field located in Erimi, Limassol.
The plot boasts a stunning sea view and an impressive landscape. It is a short drive to the Limassol Business district, offering easy access to city amenities in a peaceful and scenic environment.
Although the plot does not currently have direct road access, it is very close to the nearest road network, making it an excellent opportunity for future investment. Falling within the H3 residential zone, the land allows for a 60% building density.
Additionally, the north side of the property borders government land, ensuring no immediate development will occur on that side, preserving its sense of space.
Nestled amid a residential area, this plot has houses and apartment buildings in proximity, making its open space a rare find.
The property is conveniently located just 7 minutes away from Limassol, 15 minutes from the Casino and The Mall, and only 5 minutes from the sea.
Limassol is a modern city that offers long beaches, a wide range of hotels, and various restaurants, bars, nightclubs, and beach bars.
Please get in touch with Elit Blue to arrange a private viewing.
It is a large residential field located in Erimi, Limassol.
The plot boasts a stunning sea view and an impressive landscape. It is a short drive to the Limassol Business district, offering easy access to city amenities in a peaceful and scenic environment.
Although the plot does not currently have direct road access, it is very close to the nearest road network, making it an excellent opportunity for future investment. Falling within the H3 residential zone, the land allows for a 60% building density.
Additionally, the north side of the property borders government land, ensuring no immediate development will occur on that side, preserving its sense of space.
Nestled amid a residential area, this plot has houses and apartment buildings in proximity, making its open space a rare find.
The property is conveniently located just 7 minutes away from Limassol, 15 minutes from the Casino and The Mall, and only 5 minutes from the sea.
Limassol is a modern city that offers long beaches, a wide range of hotels, and various restaurants, bars, nightclubs, and beach bars.
Please get in touch with Elit Blue to arrange a private viewing.
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Currency Exchange
Erimi, Limassol, 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 €780,000 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 |
|---|---|---|---|
| €780,000 | £642,642 | £670,371 | £27,729 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £642,642 |
| Maximum cost in the last six months | £670,371 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,729 |
Erimi, Limassol, 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 €780,000 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 |
|---|---|---|---|
| €780,000 | £642,642 | £670,371 | £27,729 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £642,642 |
| Maximum cost in the last six months | £670,371 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,729 |
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 £27,729 more.
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