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For Sale Plot in Peyia - Paphos - Cyprus
Peyia, Paphos, Cyprus
REF: 207495
€380,000
Description
High potential residential land located in the lower part of Peyia village near the Football Stadium. The property is ideally located near the community services, as well, provides very easy access to the sandy beached of Coral Bay. The property is connected to a registered public road and supported by the services of Electricity, Water, Telecommunications. According to the building zone of the area, the property is ideal for constructing detached villas (Horizontal Division) where could be suitable for the Citizenship - Cyprus Investment Program, or for the Permanent Residency Scheme. Also, due to the efficient shape where the property has, there is a potential of separating the it in residential plots. (Vertical Division) Building Zone Characteristics Building Density: 60% Coverage Ratio: 35% Maximum Floors: 2 Maximum Height: 8.3 m Title Deeds are available. For more information please contact Dempro team.
High potential residential land located in the lower part of Peyia village near the Football Stadium. The property is ideally located near the community services, as well, provides very easy access to the sandy beached of Coral Bay. The property is connected to a registered public road and supported by the services of Electricity, Water, Telecommunications. According to the building zone of the area, the property is ideal for constructing detached villas (Horizontal Division) where could be suitable for the Citizenship - Cyprus Investment Program, or for the Permanent Residency Scheme. Also, due to the efficient shape where the property has, there is a potential of separating the it in residential plots. (Vertical Division) Building Zone Characteristics Building Density: 60% Coverage Ratio: 35% Maximum Floors: 2 Maximum Height: 8.3 m Title Deeds are available. For more information please contact Dempro team.
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Currency Exchange
Peyia, 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 €380,000 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 |
|---|---|---|---|
| €380,000 | £323,262 | £333,085 | £9,823 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £323,262 |
| Maximum cost in the last six months | £333,085 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,823 |
Peyia, 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 €380,000 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 |
|---|---|---|---|
| €380,000 | £323,262 | £333,085 | £9,823 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £323,262 |
| Maximum cost in the last six months | £333,085 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,823 |
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 £9,823 more.
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