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Land, For Sale, Paphos, Chlorakas
Chlorakas, Cyprus
REF: 908820
€270,000
Description
For sale is a residential plot of land located in the Cloraka community within the Paphos district. The plot covers a total area of 610 square meters and is conveniently situated close to the village center, with various amenities and facilities nearby. It is also less than 2 kilometers from the sea. The property falls within the residential zone Ka6a and is adjacent to a public road. It allows for a building density of 90%, a coverage ratio of 50%, and permits up to 2 floors with a height of 10 meters. One of the key features of this plot is its lovely unobstructed 180-degree sea view. Additionally, there is an old house on the plot measuring approximately 70 square meters, which holds no economic value.
For sale is a residential plot of land located in the Cloraka community within the Paphos district. The plot covers a total area of 610 square meters and is conveniently situated close to the village center, with various amenities and facilities nearby. It is also less than 2 kilometers from the sea. The property falls within the residential zone Ka6a and is adjacent to a public road. It allows for a building density of 90%, a coverage ratio of 50%, and permits up to 2 floors with a height of 10 meters. One of the key features of this plot is its lovely unobstructed 180-degree sea view. Additionally, there is an old house on the plot measuring approximately 70 square meters, which holds no economic value.
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Currency Exchange
Chlorakas, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
Chlorakas, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
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 £8,408 more.
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