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Land, For Sale, Limassol, Parekklisia
Parekklisia, Cyprus
REF: 914048
€650,000
Description
An exceptional opportunity to acquire a 3,011 sq.m. residential plot in the highly sought-after area of Parekklisia, Limassol. With a 30% building density and 20% coverage, this plot is ideal for a sophisticated residential complex featuring five luxury villas, each designed with modern living and comfort in mind. Plot Breakdown: -Plot 1: 355 sq.m. -Plot 2: 427 sq.m. -Plot 3: 397 sq.m. -Plot 4: 332 sq.m. -Plot 5: 349 sq.m. Villa Design Details: -Covered Areas: 163 sq.m. + 31 sq.m. covered verandas. -Ground Floor: 97 sq.m. + 73 sq.m. uncovered verandas (including deck and BBQ area). Open-plan living space with a guest toilet, seamlessly connecting to a private garden featuring a swimming pool, deck area, and BBQ space. -First Floor: 76 sq.m. The first floor includes three bedrooms, with the master featuring an ensuite shower and a family bathroom serving the other rooms. Both floors offer stunning mountain and sea views. Accessible via a private cul-de-sac, ensuring privacy and exclusivity. Located just 4 km from Limassol€™s picturesque coastline, this property combines breathtaking mountain and village views with convenience. Only 10 minutes from all major amenities and 5 minutes from the A1 highway, it ensures seamless connectivity. With a title deed free of encumbrances and a full building license ready, this property is a prime choice for residential development.
An exceptional opportunity to acquire a 3,011 sq.m. residential plot in the highly sought-after area of Parekklisia, Limassol. With a 30% building density and 20% coverage, this plot is ideal for a sophisticated residential complex featuring five luxury villas, each designed with modern living and comfort in mind. Plot Breakdown: -Plot 1: 355 sq.m. -Plot 2: 427 sq.m. -Plot 3: 397 sq.m. -Plot 4: 332 sq.m. -Plot 5: 349 sq.m. Villa Design Details: -Covered Areas: 163 sq.m. + 31 sq.m. covered verandas. -Ground Floor: 97 sq.m. + 73 sq.m. uncovered verandas (including deck and BBQ area). Open-plan living space with a guest toilet, seamlessly connecting to a private garden featuring a swimming pool, deck area, and BBQ space. -First Floor: 76 sq.m. The first floor includes three bedrooms, with the master featuring an ensuite shower and a family bathroom serving the other rooms. Both floors offer stunning mountain and sea views. Accessible via a private cul-de-sac, ensuring privacy and exclusivity. Located just 4 km from Limassol€™s picturesque coastline, this property combines breathtaking mountain and village views with convenience. Only 10 minutes from all major amenities and 5 minutes from the A1 highway, it ensures seamless connectivity. With a title deed free of encumbrances and a full building license ready, this property is a prime choice for residential development.
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Currency Exchange
Parekklisia, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £535,535 | £558,643 | £23,108 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £535,535 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,108 |
Parekklisia, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £535,535 | £558,643 | £23,108 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £535,535 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,108 |
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 £23,108 more.
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