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Paralimni, Famagusta - 69,000
Paralimni, Famagusta, Cyprus
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REF: 542814
€69,000
Description
507 m2 Plot of Land For Sale in Paralimni with Land DeedsThis untouched plot of land is located close to the lake in Paralimni, walking distance to the shops and restaurants. The plot itself has electricity and water supplies and main road access.... 507 m2 Plot of Land For Sale in Paralimni with Land DeedsThis untouched plot of land is located close to the lake in Paralimni, walking distance to the shops and restaurants. The plot itself has electricity and water supplies and main road access. This off plan option will allow the owners to build a nice size family home, with private swimming area, to their own requirements and specifications.- Plot size 507 m2- Build density 90%- Coverage 50%- Walking distance to the nearest shops and amenities- 10 minutes to the nearest beach- 45 minutes to Larnaca International Airport- Subject to VATParalimniParalimni is the largest town on the island's east coast and has a lovely mix of both modern & old architecture. The word Paralimni means 'by the lake'. Historically, the town was built on the shores of a shallow lake which is often dry during the summer months and fills with water and flocks of migrating flamingos during the winter. At its heart lies a shopping centre and small entertainment scene, including cafes, bars, restaurants, supermarkets & banks and is suitable for both permanent & holiday living. You are also only a 10 minute drive to a variety of beaches.------------* Land Deeds* Road Access* Water & Electricity on Site* 90% Build Density* Subject to VAT* Off PlanParalimniParalimniCounty: FamagustaSale Type: For SaleRef #: LOR007L
507 m2 Plot of Land For Sale in Paralimni with Land DeedsThis untouched plot of land is located close to the lake in Paralimni, walking distance to the shops and restaurants. The plot itself has electricity and water supplies and main road access.... 507 m2 Plot of Land For Sale in Paralimni with Land DeedsThis untouched plot of land is located close to the lake in Paralimni, walking distance to the shops and restaurants. The plot itself has electricity and water supplies and main road access. This off plan option will allow the owners to build a nice size family home, with private swimming area, to their own requirements and specifications.- Plot size 507 m2- Build density 90%- Coverage 50%- Walking distance to the nearest shops and amenities- 10 minutes to the nearest beach- 45 minutes to Larnaca International Airport- Subject to VATParalimniParalimni is the largest town on the island's east coast and has a lovely mix of both modern & old architecture. The word Paralimni means 'by the lake'. Historically, the town was built on the shores of a shallow lake which is often dry during the summer months and fills with water and flocks of migrating flamingos during the winter. At its heart lies a shopping centre and small entertainment scene, including cafes, bars, restaurants, supermarkets & banks and is suitable for both permanent & holiday living. You are also only a 10 minute drive to a variety of beaches.------------* Land Deeds* Road Access* Water & Electricity on Site* 90% Build Density* Subject to VAT* Off PlanParalimniParalimniCounty: FamagustaSale Type: For SaleRef #: LOR007L
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Currency Exchange
Paralimni, 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 €69,000 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 |
|---|---|---|---|
| €69,000 | £58,698 | £60,478 | £1,780 |
| Property Price € | €69,000 |
| Minimum cost in the last six months | £58,698 |
| Maximum cost in the last six months | £60,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,780 |
Paralimni, 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 €69,000 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 |
|---|---|---|---|
| €69,000 | £58,698 | £60,478 | £1,780 |
| Property Price € | €69,000 |
| Minimum cost in the last six months | £58,698 |
| Maximum cost in the last six months | £60,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,780 |
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 £1,780 more.
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