Land, For Sale, Nicosia, Panagia

Panagia, Cyprus

For Sale

€210,000

REF: 765967 €210,000


Description

For Sale 567sqm Plot in Panagia, Nicosia with easy access to the City Center Available one or two adjacent plots   Location ·        This large plot is in Nicosia Municipality, Panagia close to all amenities. ·        Within walking distance, one can find supermarkets, public schools and all amenities.

·       Panagia is a nice residential area of Nicosia with very easy access to the city center. ·       Easy access is also available for the Cyprus University and the Nicosia Limassol highway. Plot Characteristics ·       Big plot of 567sqm. ·        It is situated on a higher elevated ground. ·       It falls within residential zone Ka6.

·       Building density of 90%. ·       Coverage of 50%. ·       Allowance for 2 floors with 10m height. Advantages - Special Features  ·        Big plot of 567sqm. ·        Very good location. ·        Ideal for private residence or development. ·       Price negotiable.
For Sale 567sqm Plot in Panagia, Nicosia with easy access to the City Center Available one or two adjacent plots   Location ·        This large plot is in Nicosia Municipality, Panagia close to all amenities. ·        Within walking distance, one can find supermarkets, public schools and all amenities.

·       Panagia is a nice residential area of Nicosia with very easy access to the city center. ·       Easy access is also available for the Cyprus University and the Nicosia Limassol highway. Plot Characteristics ·       Big plot of 567sqm. ·        It is situated on a higher elevated ground. ·       It falls within residential zone Ka6.

·       Building density of 90%. ·       Coverage of 50%. ·       Allowance for 2 floors with 10m height. Advantages - Special Features  ·        Big plot of 567sqm. ·        Very good location. ·        Ideal for private residence or development. ·       Price negotiable.
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Property on Map

#26024

Currency Exchange

Panagia, 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 €210,000 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
€210,000 £178,645 £183,840 £5,195
Property Price € €210,000
Minimum cost in the last six months £178,645
Maximum cost in the last six months £183,840
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,195

Panagia, 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 €210,000 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
€210,000 £178,645 £183,840 £5,195
Property Price € €210,000
Minimum cost in the last six months £178,645
Maximum cost in the last six months £183,840
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,195

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 £5,195 more.

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