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Land, For Sale, Nicosia, Strovolos, Agios Vasileios
Strovolos, Cyprus
REF: 921231
€350,000
Description
Location €¢ Nestled in a peaceful neighborhood of Agios Vasileios parish in Strovolos, Nicosia. €¢ Ideally located near Kantaras and Strovolou avenues, offering easy access to all necessary amenities, including supermarkets, bakeries, and restaurants. €¢ Just a short drive from Nicosia city center and major highways, providing excellent connectivity. Plot Characteristics €¢ A large 576 sqm rectangular plot with a wide frontage of approximately 22 meters. €¢ Situated in the Κα5 residential zone, offering: o Building density: 100% o Coverage: 50% o Maximum height allowance: 3 floors €¢ Flat terrain, perfect for efficient construction. Advantages and Features €¢ Exceptional location on a quiet street in a highly sought-after residential area. €¢ Proximity to key services and major road networks. €¢ Wide road frontage and flat surface, making it ideal for residential or apartment development. €¢ A rare investment opportunity in one of the best areas of Strovolos.
Location €¢ Nestled in a peaceful neighborhood of Agios Vasileios parish in Strovolos, Nicosia. €¢ Ideally located near Kantaras and Strovolou avenues, offering easy access to all necessary amenities, including supermarkets, bakeries, and restaurants. €¢ Just a short drive from Nicosia city center and major highways, providing excellent connectivity. Plot Characteristics €¢ A large 576 sqm rectangular plot with a wide frontage of approximately 22 meters. €¢ Situated in the Κα5 residential zone, offering: o Building density: 100% o Coverage: 50% o Maximum height allowance: 3 floors €¢ Flat terrain, perfect for efficient construction. Advantages and Features €¢ Exceptional location on a quiet street in a highly sought-after residential area. €¢ Proximity to key services and major road networks. €¢ Wide road frontage and flat surface, making it ideal for residential or apartment development. €¢ A rare investment opportunity in one of the best areas of Strovolos.
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Currency Exchange
Strovolos, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
Strovolos, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
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 £12,443 more.
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