Search
Unique investment!! This is a unique opportunity for investors interested in gaining a Cypriot passport as well as putting their money in a financially sound project that has a major profit margin
Ayia Thekla, Famagusta, Cyprus
REF: 952680
€880,000
Description
Unique investment!!
This is a unique opportunity for investors interested in gaining a Cypriot passport as well as putting their money in a financially sound project that has a major profit margin.
A large piece of prime real estate land located next to the most popular strip of beach in all of Cyprus.
At a size of 5293 sq. meters and with a build density area of 20%, the potential for this land, one of the best opportunities on the market today is huge with many possibilities.
A preliminary study showed that can build 8 detached villas in total. (1 two bedroom 95 sq.meters and 400 sq.meters plot approximately, 7 three bedrooms 130 sq. meters and plot starting from 450 sq. meters ).
Unique investment!!
This is a unique opportunity for investors interested in gaining a Cypriot passport as well as putting their money in a financially sound project that has a major profit margin.
A large piece of prime real estate land located next to the most popular strip of beach in all of Cyprus.
At a size of 5293 sq. meters and with a build density area of 20%, the potential for this land, one of the best opportunities on the market today is huge with many possibilities.
A preliminary study showed that can build 8 detached villas in total. (1 two bedroom 95 sq.meters and 400 sq.meters plot approximately, 7 three bedrooms 130 sq. meters and plot starting from 450 sq. meters ).
Read More
Property on Map
Currency Exchange
Ayia Thekla, Famagusta, 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 €880,000 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 |
|---|---|---|---|
| €880,000 | £725,032 | £744,559 | £19,527 |
| Property Price € | €880,000 |
| Minimum cost in the last six months | £725,032 |
| Maximum cost in the last six months | £744,559 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,527 |
Ayia Thekla, Famagusta, 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 €880,000 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 |
|---|---|---|---|
| €880,000 | £725,032 | £744,559 | £19,527 |
| Property Price € | €880,000 |
| Minimum cost in the last six months | £725,032 |
| Maximum cost in the last six months | £744,559 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,527 |
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 £19,527 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
