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LARGE LAND IN MAZOTOS AREA
Mazotos, Cyprus
REF: 1001180
€1,400,000
Description
Large Land in Mazotos area Larnaca. Situated in the serene village of Mazotos, this property boasts stunning sea views and is conveniently close to a range of amenities including supermarkets, traditional taverns, and bakeries. It is just a short drive to the beach, Larnaca International Airport, and Larnaca city center, while also offering excellent access to the motorway making it an ideal choice for both permanent residence and holiday living. Land of 32.108 sq. m. with 10 % & 45 % building density and 10 % & 20 % land coverage, zone Γ3 & Τ2α. The area of the plot is characterized as Agricultural and Touristic.
Large Land in Mazotos area Larnaca. Situated in the serene village of Mazotos, this property boasts stunning sea views and is conveniently close to a range of amenities including supermarkets, traditional taverns, and bakeries. It is just a short drive to the beach, Larnaca International Airport, and Larnaca city center, while also offering excellent access to the motorway making it an ideal choice for both permanent residence and holiday living. Land of 32.108 sq. m. with 10 % & 45 % building density and 10 % & 20 % land coverage, zone Γ3 & Τ2α. The area of the plot is characterized as Agricultural and Touristic.
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Currency Exchange
Mazotos, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,155,630 | £1,220,814 | £65,184 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,155,630 |
| Maximum cost in the last six months | £1,220,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £65,184 |
Mazotos, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,155,630 | £1,220,814 | £65,184 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,155,630 |
| Maximum cost in the last six months | £1,220,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £65,184 |
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 £65,184 more.
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