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Land, For Sale, Limassol, Foinikaria
Foinikaria, Cyprus
REF: 903066
€390,000
Description
Discover a prime investment opportunity in the charming village of Finikaria, just a 10-minute drive from the vibrant city of Limassol. This exceptional plot of land offers private road access and is nestled amidst lush nature and serene pine forests, providing an idyllic setting for those seeking tranquility and fresh air, yet desiring proximity to urban amenities. Currently zoned for agriculture but in the process of reclassification, this versatile land presents the perfect canvas to build a stunning villa. Imagine your dream home harmoniously integrated with the surrounding natural beauty, where you can enjoy the best of both worlds the peaceful countryside and the convenience of city life. Key features include two boreholes ensuring a reliable water supply and existing electricity connections, making it easier to realize your development plans. Whether you envision a private retreat, a family estate, or a wise investment for future returns, this land in Finikaria offers immense potential. Embrace the opportunity to own a piece of paradise, where nature meets comfort, and investment meets lifestyle.
Discover a prime investment opportunity in the charming village of Finikaria, just a 10-minute drive from the vibrant city of Limassol. This exceptional plot of land offers private road access and is nestled amidst lush nature and serene pine forests, providing an idyllic setting for those seeking tranquility and fresh air, yet desiring proximity to urban amenities. Currently zoned for agriculture but in the process of reclassification, this versatile land presents the perfect canvas to build a stunning villa. Imagine your dream home harmoniously integrated with the surrounding natural beauty, where you can enjoy the best of both worlds the peaceful countryside and the convenience of city life. Key features include two boreholes ensuring a reliable water supply and existing electricity connections, making it easier to realize your development plans. Whether you envision a private retreat, a family estate, or a wise investment for future returns, this land in Finikaria offers immense potential. Embrace the opportunity to own a piece of paradise, where nature meets comfort, and investment meets lifestyle.
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Currency Exchange
Foinikaria, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £321,321 | £335,186 | £13,865 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £321,321 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,865 |
Foinikaria, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £321,321 | £335,186 | £13,865 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £321,321 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,865 |
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 £13,865 more.
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