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Land, For Sale, Limassol, Ypsonas
Ypsonas, Cyprus
REF: 904002
€660,000
Description
Three adjacent plots totaling 2,207 m² are available for sale together, marked as plots Γ, Δ, and Ε on the provided maps. Zoned as H4, these plots allow a building density of 40% and coverage density of 25%, permitting up to two floors. The zoning allows for a combined 883 m² of covered internal space, with additional allowance for verandas and garages. With a total road frontage of approximately 90 meters, these plots offer flexible building options: a spacious single home, or up to six detached houses with 147 m² of covered internal space each (plus verandas) and about 368 m² of land per house. The plots have a completely level foundation, eliminating the need for extra structural support. Oriented primarily westward, plot Γ borders a 440 m² public green space to the south, providing added privacy and an open outlook. The area consists mostly of newer, large homes and undeveloped plots, contributing to a peaceful, residential setting.
Three adjacent plots totaling 2,207 m² are available for sale together, marked as plots Γ, Δ, and Ε on the provided maps. Zoned as H4, these plots allow a building density of 40% and coverage density of 25%, permitting up to two floors. The zoning allows for a combined 883 m² of covered internal space, with additional allowance for verandas and garages. With a total road frontage of approximately 90 meters, these plots offer flexible building options: a spacious single home, or up to six detached houses with 147 m² of covered internal space each (plus verandas) and about 368 m² of land per house. The plots have a completely level foundation, eliminating the need for extra structural support. Oriented primarily westward, plot Γ borders a 440 m² public green space to the south, providing added privacy and an open outlook. The area consists mostly of newer, large homes and undeveloped plots, contributing to a peaceful, residential setting.
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Property on Map
Currency Exchange
Ypsonas, 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 €660,000 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 |
|---|---|---|---|
| €660,000 | £543,774 | £567,237 | £23,463 |
| Property Price € | €660,000 |
| Minimum cost in the last six months | £543,774 |
| Maximum cost in the last six months | £567,237 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,463 |
Ypsonas, 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 €660,000 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 |
|---|---|---|---|
| €660,000 | £543,774 | £567,237 | £23,463 |
| Property Price € | €660,000 |
| Minimum cost in the last six months | £543,774 |
| Maximum cost in the last six months | £567,237 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,463 |
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 £23,463 more.
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