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Land, For Sale, Nicosia, Kokkinotrimithia
Kokkinotrimithia, Cyprus, Kokkinotrimithia, Cyprus
REF: 906380
€590,000
Description
Location €¢ Conveniently located near "LIDL" supermarket and the Nicosia-Troodos highway. €¢ Close proximity to various amenities: schools, banks, supermarkets, shops, and services. €¢ Offers quick and easy access to the motorway, in a high-demand residential area due to its prime location and accessibility. Land Characteristics €¢ Rectangular plot with a flat surface. €¢ Frontage of approximately 195 meters along its western, northern, and eastern boundaries, abutting a public road. €¢ Corner plot with pedestrian walkway access on the southern boundary and situated opposite a green area and government land. €¢ Falls within the residential Town Planning Zone H2, allowing for a two-storey building with a 90% building factor. Advantages - Special Features €¢ Large residential plot in an attractive, newly developed area. €¢ Excellent accessibility to the highway and Nicosia city center.
Location €¢ Conveniently located near "LIDL" supermarket and the Nicosia-Troodos highway. €¢ Close proximity to various amenities: schools, banks, supermarkets, shops, and services. €¢ Offers quick and easy access to the motorway, in a high-demand residential area due to its prime location and accessibility. Land Characteristics €¢ Rectangular plot with a flat surface. €¢ Frontage of approximately 195 meters along its western, northern, and eastern boundaries, abutting a public road. €¢ Corner plot with pedestrian walkway access on the southern boundary and situated opposite a green area and government land. €¢ Falls within the residential Town Planning Zone H2, allowing for a two-storey building with a 90% building factor. Advantages - Special Features €¢ Large residential plot in an attractive, newly developed area. €¢ Excellent accessibility to the highway and Nicosia city center.
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Currency Exchange
Kokkinotrimithia, Cyprus, Kokkinotrimithia, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
Kokkinotrimithia, Cyprus, Kokkinotrimithia, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
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 £20,975 more.
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