Other, For Sale, Limassol, Agia Triada

Agia Triada, Cyprus

For Sale

€2,500,000

REF: 914022 €2,500,000


Description

An exceptional opportunity to acquire three adjacent residential plots in the highly desirable area of Agia Trias, located in the heart of the city center. Spanning a combined total of 1,188 sq.m., these plots offer impressive building densities of 140% and 160%, making them ideal for mixed-use development, combining both commercial and residential projects.

Notably, one of the plots includes a listed building, adding historical value and unique restoration or integration potential to any development project. Strategically situated just a short walk from the beach, Old Town, vibrant shopping streets, and major amenities, this prime location provides unparalleled convenience and accessibility.

The plots are also within close proximity to bus stops and highway access, further enhancing their appeal. A planning permit application was submitted in October 2023, paving the way for future development. This opportunity is perfect for developers seeking a lucrative investment in one of Limassol€™s most sought-after locations. Contact us today to explore the potential of this prime property!
An exceptional opportunity to acquire three adjacent residential plots in the highly desirable area of Agia Trias, located in the heart of the city center. Spanning a combined total of 1,188 sq.m., these plots offer impressive building densities of 140% and 160%, making them ideal for mixed-use development, combining both commercial and residential projects.

Notably, one of the plots includes a listed building, adding historical value and unique restoration or integration potential to any development project. Strategically situated just a short walk from the beach, Old Town, vibrant shopping streets, and major amenities, this prime location provides unparalleled convenience and accessibility.

The plots are also within close proximity to bus stops and highway access, further enhancing their appeal. A planning permit application was submitted in October 2023, paving the way for future development. This opportunity is perfect for developers seeking a lucrative investment in one of Limassol€™s most sought-after locations. Contact us today to explore the potential of this prime property!
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Property on Map

#39304

Currency Exchange

Agia Triada, 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 €2,500,000 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
€2,500,000 £2,059,750 £2,148,625 £88,875
Property Price € €2,500,000
Minimum cost in the last six months £2,059,750
Maximum cost in the last six months £2,148,625
Fluctuating exchange rates over the last six months could have increased the cost of this property by £88,875

Agia Triada, 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 €2,500,000 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
€2,500,000 £2,059,750 £2,148,625 £88,875
Property Price € €2,500,000
Minimum cost in the last six months £2,059,750
Maximum cost in the last six months £2,148,625
Fluctuating exchange rates over the last six months could have increased the cost of this property by £88,875

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 £88,875 more.

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