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Land, For Sale, Larnaca, Alaminos
Alaminos, Cyprus, Alaminos, Cyprus
REF: 907101
€750,000
Description
Sea view plot for sale, with permit to build 10 villas, total build area 1900sq.m. The plot is 7358sq.m., zone Τ3β, building density 20%, coverage 20%, two floors allowance. Located in Alaminos village sea front, at a prime location with excellent view of Mediterranean. Walking distance from the beach, 20 min. from Larnaca Airport, 35 min. from Nicosia and 35 min. from Limassol. A development project of 10 luxury 3-bedroom villas can be built in the plot. All Permits are in order and construction can start immediately.
Sea view plot for sale, with permit to build 10 villas, total build area 1900sq.m. The plot is 7358sq.m., zone Τ3β, building density 20%, coverage 20%, two floors allowance. Located in Alaminos village sea front, at a prime location with excellent view of Mediterranean. Walking distance from the beach, 20 min. from Larnaca Airport, 35 min. from Nicosia and 35 min. from Limassol. A development project of 10 luxury 3-bedroom villas can be built in the plot. All Permits are in order and construction can start immediately.
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Currency Exchange
Alaminos, Cyprus, Alaminos, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
Alaminos, Cyprus, Alaminos, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 £23,355 more.
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