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Residential plot, extending to about 615sq
Polis, Paphos, Cyprus
REF: 952652
€180,000
Description
Residential plot, extending to about 615sq.m. in total located in Pomos, Paphos. The property is rectangularly shaped with a flat surface. Access to the plot is via a registered road with total frontage of approximately 23m. There is a separate title deed for this property. The asset is located approximately. 1km from Pomos community centre, approximately 70m from the village main road and approximately 110m from the beach. The property falls within Zone H3, with a building coefficient of 60%, coverage of 35%, and permission for 2 floors (8.3m) of construction. GPS Coordinates: 35.17161936 32.54999099
Residential plot, extending to about 615sq.m. in total located in Pomos, Paphos. The property is rectangularly shaped with a flat surface. Access to the plot is via a registered road with total frontage of approximately 23m. There is a separate title deed for this property. The asset is located approximately. 1km from Pomos community centre, approximately 70m from the village main road and approximately 110m from the beach. The property falls within Zone H3, with a building coefficient of 60%, coverage of 35%, and permission for 2 floors (8.3m) of construction. GPS Coordinates: 35.17161936 32.54999099
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Currency Exchange
Polis, Paphos, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,302 | £156,256 | £7,954 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,302 |
| Maximum cost in the last six months | £156,256 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,954 |
Polis, Paphos, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,302 | £156,256 | £7,954 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,302 |
| Maximum cost in the last six months | £156,256 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,954 |
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 £7,954 more.
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