Size: 1,577 m Location: Located in the charming village of Polemi, Paphos, Cyprus, known for its peaceful atmosphere and proximity to wineries, traditional taverns, and essential amenities

Polemi, Paphos, Cyprus

For Sale

€100,000

REF: 908366 €100,000


1577 m2

Description

Size: 1,577 m Location: Located in the charming village of Polemi, Paphos, Cyprus, known for its peaceful atmosphere and proximity to wineries, traditional taverns, and essential amenities. The plot is 25 minutes from Paphos city and the Polis area. Key Features Planning Zone: H2 Building Density: 90% Coverage Ratio: 50% Maximum Floors: 2 Maximum Height: 8.3 meters Suitability: Ideal for building a private villa or residential development.

Title Deeds: Ensuring a smooth transaction process. Surroundings Close to schools, coffee shops, and local stores. Easy access to main roads connecting to nearby urban areas and attractions, including wineries and the Adonis Baths Waterfalls.
Size: 1,577 m Location: Located in the charming village of Polemi, Paphos, Cyprus, known for its peaceful atmosphere and proximity to wineries, traditional taverns, and essential amenities. The plot is 25 minutes from Paphos city and the Polis area. Key Features Planning Zone: H2 Building Density: 90% Coverage Ratio: 50% Maximum Floors: 2 Maximum Height: 8.3 meters Suitability: Ideal for building a private villa or residential development.

Title Deeds: Ensuring a smooth transaction process. Surroundings Close to schools, coffee shops, and local stores. Easy access to main roads connecting to nearby urban areas and attractions, including wineries and the Adonis Baths Waterfalls.
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Property on Map

#SL23575

Currency Exchange

Polemi, Paphos, 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 €100,000 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
€100,000 £82,831 £85,945 £3,114
Property Price € €100,000
Minimum cost in the last six months £82,831
Maximum cost in the last six months £85,945
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,114

Polemi, Paphos, 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 €100,000 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
€100,000 £82,831 £85,945 £3,114
Property Price € €100,000
Minimum cost in the last six months £82,831
Maximum cost in the last six months £85,945
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,114

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 £3,114 more.

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