Land, For Sale, Limassol, Platres Kato

Platres Kato, Cyprus

For Sale

€220,000

REF: 903041 €220,000


Description

Residential land in Kato Platres village of Limassol district. It has an irregular shape and an inclined surface. It abuts onto a public registered road along its northwestern boundary with frontage of approximately 9 meters. The property falls within the Residential Zone H6 (10%), having a building density of 20% and within the Protection Zone Z1 (90%), having a building density of 6%. It is noted that the property is subjected to a compulsory acquisition of approximately 1.797 sqm. Please call us for more information and viewing.
Residential land in Kato Platres village of Limassol district. It has an irregular shape and an inclined surface. It abuts onto a public registered road along its northwestern boundary with frontage of approximately 9 meters. The property falls within the Residential Zone H6 (10%), having a building density of 20% and within the Protection Zone Z1 (90%), having a building density of 6%. It is noted that the property is subjected to a compulsory acquisition of approximately 1.797 sqm. Please call us for more information and viewing.
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Property on Map

#34049

Currency Exchange

Platres 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 €220,000 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
€220,000 £181,258 £189,079 £7,821
Property Price € €220,000
Minimum cost in the last six months £181,258
Maximum cost in the last six months £189,079
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,821

Platres 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 €220,000 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
€220,000 £181,258 £189,079 £7,821
Property Price € €220,000
Minimum cost in the last six months £181,258
Maximum cost in the last six months £189,079
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,821

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 £7,821 more.

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