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Land, For Sale, Limassol, Parekklisia
Parekklisia, Cyprus
REF: 914049
€400,000
Description
A rare opportunity to acquire a 950 sq.m. residential plot in the serene and highly desirable village of Parekklisia, Limassol. Situated in the H5 residential zone, the plot boasts a 30% building density, 20% coverage, and an allowable height of 8.30m, making it ideal for constructing two luxury residences on 475 sq.m. plots each. Villa Details: -Covered Areas: 142 sq.m. (living space) + 28 sq.m. covered verandas. -Living Areas: Open-plan design with a guest toilet. -Bedrooms: Three bedrooms, with the master featuring an ensuite, plus a family bathroom. -Basement: 97 sq.m., including parking, a cellar, warehouse, engine room, and toilet. The plot is nestled in a peaceful area with stunning mountain views, offering a perfect balance of privacy and accessibility. Parekklisia is renowned as one of the most sought-after residential destinations in Eastern Limassol, combining tranquility with proximity to city amenities. Additional Features: -Permits: Full building license valid until April 2028. -Title Deed: Available and free of any encumbrances. This property is ready for immediate development and offers an exceptional opportunity for a premium residential project in a highly coveted location.
A rare opportunity to acquire a 950 sq.m. residential plot in the serene and highly desirable village of Parekklisia, Limassol. Situated in the H5 residential zone, the plot boasts a 30% building density, 20% coverage, and an allowable height of 8.30m, making it ideal for constructing two luxury residences on 475 sq.m. plots each. Villa Details: -Covered Areas: 142 sq.m. (living space) + 28 sq.m. covered verandas. -Living Areas: Open-plan design with a guest toilet. -Bedrooms: Three bedrooms, with the master featuring an ensuite, plus a family bathroom. -Basement: 97 sq.m., including parking, a cellar, warehouse, engine room, and toilet. The plot is nestled in a peaceful area with stunning mountain views, offering a perfect balance of privacy and accessibility. Parekklisia is renowned as one of the most sought-after residential destinations in Eastern Limassol, combining tranquility with proximity to city amenities. Additional Features: -Permits: Full building license valid until April 2028. -Title Deed: Available and free of any encumbrances. This property is ready for immediate development and offers an exceptional opportunity for a premium residential project in a highly coveted location.
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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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £343,780 | £14,220 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,220 |
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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £343,780 | £14,220 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,220 |
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 £14,220 more.
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