Dherynia, Famagusta - 435,000

Dherynia, Famagusta, Cyprus

For Sale

€435,000

REF: 543630 €435,000


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Description

Three Bedroom Bungalow For Sale in Dherynia with Land DeedsRENOVATION PROJECTThis detached bungalow is located on a large 1612 m2 plot of land in the center of Dherynia. The original property was built in the 1970's and currently has a lounge, kitchen, three double bedrooms, a family bathroom... Three Bedroom Bungalow For Sale in Dherynia with Land DeedsRENOVATION PROJECTThis detached bungalow is located on a large 1612 m2 plot of land in the center of Dherynia.

The original property was built in the 1970's and currently has a lounge, kitchen, three double bedrooms, a family bathroom and a guest WC. Outside there is a separate store room / annex and garage. This property would be perfect for someone looking to do a renovation project and bring the property up to a modern standard.- 3 double bedrooms- Spacious lounge- Fully fitted kitchen- Family bathroom- Separate store room / annex- Garage- Planning zone: Ka6 (Residential)- Build density 90%- Coverage 50%- Height 8.3 m- Internal area of current property 110 m2- Plot size 1612 m2- 5 minutes to the local shops, amenities and Famagusta Hospital- 10 minutes to the nearest beach- 50 minutes to Larnaca International Airport- Energy Efficiency TBCDheryniaDherynia is a large village next to the town of Paralimni surrounded by agricultural land, known as 'Kokkinochoria' as it is one of the red soil villages.

The area is particularly famous for producing strawberries and holds a yearly 'Strawberry Festival'. The village has grown over the years and you will find the type of amenities typical of a small town. It has many places of historical interest including Byzantine Churches, Folklore Museum, Outdoor Ampitheatre, Sports Centre, and The Cultural Centre of Occupied Famagusta where you can view the town of Varosha - commonly known as the 'Ghost Town of Famagusta'.

Its population is a mix of Cypriots & British residents and is suitable for permanent living and to both long & short term rentals.------------* Land Deeds* Renovation Project* 1612m2 Plot* Suitable for Cyprus Permanent Residency* Prime Location* Resale* Energy Efficiency TBCDheryniaDheryniaCounty: FamagustaSale Type: For SaleRef #: EPCC0897
Three Bedroom Bungalow For Sale in Dherynia with Land DeedsRENOVATION PROJECTThis detached bungalow is located on a large 1612 m2 plot of land in the center of Dherynia. The original property was built in the 1970's and currently has a lounge, kitchen, three double bedrooms, a family bathroom... Three Bedroom Bungalow For Sale in Dherynia with Land DeedsRENOVATION PROJECTThis detached bungalow is located on a large 1612 m2 plot of land in the center of Dherynia.

The original property was built in the 1970's and currently has a lounge, kitchen, three double bedrooms, a family bathroom and a guest WC. Outside there is a separate store room / annex and garage. This property would be perfect for someone looking to do a renovation project and bring the property up to a modern standard.- 3 double bedrooms- Spacious lounge- Fully fitted kitchen- Family bathroom- Separate store room / annex- Garage- Planning zone: Ka6 (Residential)- Build density 90%- Coverage 50%- Height 8.3 m- Internal area of current property 110 m2- Plot size 1612 m2- 5 minutes to the local shops, amenities and Famagusta Hospital- 10 minutes to the nearest beach- 50 minutes to Larnaca International Airport- Energy Efficiency TBCDheryniaDherynia is a large village next to the town of Paralimni surrounded by agricultural land, known as 'Kokkinochoria' as it is one of the red soil villages.

The area is particularly famous for producing strawberries and holds a yearly 'Strawberry Festival'. The village has grown over the years and you will find the type of amenities typical of a small town. It has many places of historical interest including Byzantine Churches, Folklore Museum, Outdoor Ampitheatre, Sports Centre, and The Cultural Centre of Occupied Famagusta where you can view the town of Varosha - commonly known as the 'Ghost Town of Famagusta'.

Its population is a mix of Cypriots & British residents and is suitable for permanent living and to both long & short term rentals.------------* Land Deeds* Renovation Project* 1612m2 Plot* Suitable for Cyprus Permanent Residency* Prime Location* Resale* Energy Efficiency TBCDheryniaDheryniaCounty: FamagustaSale Type: For SaleRef #: EPCC0897
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Property on Map

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Currency Exchange

Dherynia, 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 €435,000 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
€435,000 £370,050 £381,295 £11,245
Property Price € €435,000
Minimum cost in the last six months £370,050
Maximum cost in the last six months £381,295
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,245

Dherynia, 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 €435,000 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
€435,000 £370,050 £381,295 £11,245
Property Price € €435,000
Minimum cost in the last six months £370,050
Maximum cost in the last six months £381,295
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,245

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 £11,245 more.

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