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Other, For Sale, Limassol, Polemidia Kato
Polemidia Kato, Cyprus
REF: 902393
€1,600,000
Description
Prime Land for Sale in Kato Polemidia, Limassol 8362sqm of Development Potential Discover an exceptional investment opportunity with this expansive 8362sqm plot of land in the sought-after Kato Polemidia area, Limassol. Strategically located near the highway and just a few meters from a newly developed residential area, this land offers seamless access to road infrastructure and electricity, making it a prime location for ambitious development projects. With a building density of 80% and a coverage of 45%, this plot is ideally suited for the construction of apartment blocks or a complex of houses, providing ample space for a thriving residential community. Its desirable position ensures both convenience and tranquility, appealing to potential homeowners and investors alike. Capitalize on this unique chance to develop in one of Limassol€™s growing regions, where demand for modern housing continues to rise. Perfectly positioned for both accessibility and lifestyle, this land promises significant returns and a bright future for any residential development project.
Prime Land for Sale in Kato Polemidia, Limassol 8362sqm of Development Potential Discover an exceptional investment opportunity with this expansive 8362sqm plot of land in the sought-after Kato Polemidia area, Limassol. Strategically located near the highway and just a few meters from a newly developed residential area, this land offers seamless access to road infrastructure and electricity, making it a prime location for ambitious development projects. With a building density of 80% and a coverage of 45%, this plot is ideally suited for the construction of apartment blocks or a complex of houses, providing ample space for a thriving residential community. Its desirable position ensures both convenience and tranquility, appealing to potential homeowners and investors alike. Capitalize on this unique chance to develop in one of Limassol€™s growing regions, where demand for modern housing continues to rise. Perfectly positioned for both accessibility and lifestyle, this land promises significant returns and a bright future for any residential development project.
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Currency Exchange
Polemidia Kato, 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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,318,240 | £1,375,120 | £56,880 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,318,240 |
| Maximum cost in the last six months | £1,375,120 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £56,880 |
Polemidia Kato, 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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,318,240 | £1,375,120 | £56,880 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,318,240 |
| Maximum cost in the last six months | £1,375,120 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £56,880 |
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 £56,880 more.
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