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Land, For Sale, Paphos, Geroskipou
Geroskipou, Cyprus
REF: 910354
€150,000
Description
Residential plot in a quiet and purely residential area in Geroskipou Municipality in Paphos District. It is located on Papantoniou Street, 320 meters east of the Saint Theodoros Gymnasium and 900 meters east of the Paphiako roundabout. The property is situated close to all necessary amenities and services such as supermarkets, schools, cafes, shops etc. In addition, it has excellent access to the motorway, the city center and the Kato Paphos. The plot has a rectangular shape and an even surface. It abuts onto a public registered road along its southeastern boundary with frontage of approximately 19 meters. Its shape in relation to the 100% building density of the site allows for wide range of development options. It is considered as an ideal choice for a land developer or an individual.
Residential plot in a quiet and purely residential area in Geroskipou Municipality in Paphos District. It is located on Papantoniou Street, 320 meters east of the Saint Theodoros Gymnasium and 900 meters east of the Paphiako roundabout. The property is situated close to all necessary amenities and services such as supermarkets, schools, cafes, shops etc. In addition, it has excellent access to the motorway, the city center and the Kato Paphos. The plot has a rectangular shape and an even surface. It abuts onto a public registered road along its southeastern boundary with frontage of approximately 19 meters. Its shape in relation to the 100% building density of the site allows for wide range of development options. It is considered as an ideal choice for a land developer or an individual.
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Currency Exchange
Geroskipou, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £128,918 | £5,333 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,333 |
Geroskipou, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £128,918 | £5,333 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,333 |
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 £5,333 more.
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