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Residential in Pyrgos, Limassol
5631, Cyprus
REF: 762517
€295,000
Description
Reference ID: #SA32838Price details: 295,000 +VATPyrgos village is situated is in the Limassol district, about 10 kilometres east of the city of Limassol.Its administrative boundaries reach up to the sea 3 kilometres away.Pyrgos is connected in the south to the Limassol Nicosia highway and in the south east with thevillage of Moni as well as with the village Parekklisia in the west.The asset has ready plans for 2 houses. It also has the relevant permits, but they have expired and need to be renewed.Project detailsProject of 2 villas designed to be constructed in the outskirts of the village of Pyrgos within a landarea of just over 2,300 square meters.The plot is approximately 500 meters away from centre of the village which features restaurants,supermarkets, bus stop, pharmacy, bakery, etcThe villas are 300 square meters each (internal covered space) and are 4 bedroomDesign and finish is contemporary modern styleFacilities include covered parking and 12 x 5 private poolThe assets benefits from a Right of Way.PLUS V.A.T
Reference ID: #SA32838Price details: 295,000 +VATPyrgos village is situated is in the Limassol district, about 10 kilometres east of the city of Limassol.Its administrative boundaries reach up to the sea 3 kilometres away.Pyrgos is connected in the south to the Limassol Nicosia highway and in the south east with thevillage of Moni as well as with the village Parekklisia in the west.The asset has ready plans for 2 houses. It also has the relevant permits, but they have expired and need to be renewed.Project detailsProject of 2 villas designed to be constructed in the outskirts of the village of Pyrgos within a landarea of just over 2,300 square meters.The plot is approximately 500 meters away from centre of the village which features restaurants,supermarkets, bus stop, pharmacy, bakery, etcThe villas are 300 square meters each (internal covered space) and are 4 bedroomDesign and finish is contemporary modern styleFacilities include covered parking and 12 x 5 private poolThe assets benefits from a Right of Way.PLUS V.A.T
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Currency Exchange
5631, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £243,508 | £256,087 | £12,579 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,508 |
| Maximum cost in the last six months | £256,087 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,579 |
5631, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £243,508 | £256,087 | £12,579 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,508 |
| Maximum cost in the last six months | £256,087 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,579 |
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 £12,579 more.
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