Ormideia, Larnaca - 165,000

Ormideia, Larnaca, Cyprus

For Sale

€165,000

REF: 781952 €165,000


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Description

Mixed Unit Property For Sale in Ormideia with Share of Land Deeds***PRICE REDUCTION!! (was 180.000)***This well presented detached house is conveniently located on the main road in the village of Ormideia with easy access to motorway and all local shops and amenities.... Mixed Unit Property For Sale in Ormideia with Share of Land Deeds***PRICE REDUCTION!! (was 180.000)***This well presented detached house is conveniently located on the main road in the village of Ormideia with easy access to motorway and all local shops and amenities.Currently the property has a spacious entrance/reception, separate kitchenette with plumbing for all appliances, two large rooms with AC units and three good size toilets.

Also there is a possibility to build a floor up. The property is situated on a large 440 m2 plot and has been designed to provide additional storage on the lower level/ basement with ample space for car parking. The property would benefit from some modernisation.Due to the location and size the property this can be easily turn in to an ideal family home or fantastic business opportunity.- 2 double rooms- Entrance/reception room- Separate Kitchenette- Plumbing for all appliances- Double glazed windows- Air Conditioning- Off-road car parking- 3 x toilets inc.

disabled facilities- Furnished- Internal 124 m2- Garage/basement 142 m2- Plot 440 m2- 5 minutes to local amenities- 10 minutes to the nearest beach- 30 minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency- Energy Efficiency TBCOrmediaOrmideia, sometimes also spelled Ormidhia, is a village in Larnaca District in south-eastern Cyprus.

It is one of the four exclaves surrounded by the Eastern Sovereign Base Area of Akrotiri and Dhekelia, a British Overseas Territory administered as a Sovereign Base Area. Ormidia was named after the bays on its beach. The church of Agios Konstantinos Alamanos is located in the center of the village. There were two small churches of Agioi Anargyri Kosmas and Damianos.

In 1901 the existing church was built in their place. There was also a chapel where St. Constantine the Alaman lived. At the exit of the village to Achna you will also find the Holy Cave of St. Constantine of Alamanos in which the Saint lived, practiced and testified. Northwest of the center of Ormidia at the site called "Vathy River" there is a medieval settlement.

Around the chapel of Agios Georgios of Agona in the northeast of the village there is also a Byzantine-medieval settlement. In this settlement the large stone of the olive mill, near the chapel, is still preserved. Each September the community of Ormidia organise the pomegranate festival which includes dance, singing, jazz and, of course, many pomegranates and their various derivatives.------------* Share of Land Deeds* Mixed Unit Property* Prime Location* Suitable for Cyprus Permanent Residency* Good Business Opportunity* Resale* Energy Efficiency TBCOrmideiaOrmideiaCounty: LarnacaSale Type: For SaleRef #: EPCC3571
Mixed Unit Property For Sale in Ormideia with Share of Land Deeds***PRICE REDUCTION!! (was 180.000)***This well presented detached house is conveniently located on the main road in the village of Ormideia with easy access to motorway and all local shops and amenities.... Mixed Unit Property For Sale in Ormideia with Share of Land Deeds***PRICE REDUCTION!! (was 180.000)***This well presented detached house is conveniently located on the main road in the village of Ormideia with easy access to motorway and all local shops and amenities.Currently the property has a spacious entrance/reception, separate kitchenette with plumbing for all appliances, two large rooms with AC units and three good size toilets.

Also there is a possibility to build a floor up. The property is situated on a large 440 m2 plot and has been designed to provide additional storage on the lower level/ basement with ample space for car parking. The property would benefit from some modernisation.Due to the location and size the property this can be easily turn in to an ideal family home or fantastic business opportunity.- 2 double rooms- Entrance/reception room- Separate Kitchenette- Plumbing for all appliances- Double glazed windows- Air Conditioning- Off-road car parking- 3 x toilets inc.

disabled facilities- Furnished- Internal 124 m2- Garage/basement 142 m2- Plot 440 m2- 5 minutes to local amenities- 10 minutes to the nearest beach- 30 minutes to Larnaca International Airport- Suitable for Cyprus Permanent Residency- Energy Efficiency TBCOrmediaOrmideia, sometimes also spelled Ormidhia, is a village in Larnaca District in south-eastern Cyprus.

It is one of the four exclaves surrounded by the Eastern Sovereign Base Area of Akrotiri and Dhekelia, a British Overseas Territory administered as a Sovereign Base Area. Ormidia was named after the bays on its beach. The church of Agios Konstantinos Alamanos is located in the center of the village. There were two small churches of Agioi Anargyri Kosmas and Damianos.

In 1901 the existing church was built in their place. There was also a chapel where St. Constantine the Alaman lived. At the exit of the village to Achna you will also find the Holy Cave of St. Constantine of Alamanos in which the Saint lived, practiced and testified. Northwest of the center of Ormidia at the site called "Vathy River" there is a medieval settlement.

Around the chapel of Agios Georgios of Agona in the northeast of the village there is also a Byzantine-medieval settlement. In this settlement the large stone of the olive mill, near the chapel, is still preserved. Each September the community of Ormidia organise the pomegranate festival which includes dance, singing, jazz and, of course, many pomegranates and their various derivatives.------------* Share of Land Deeds* Mixed Unit Property* Prime Location* Suitable for Cyprus Permanent Residency* Good Business Opportunity* Resale* Energy Efficiency TBCOrmideiaOrmideiaCounty: LarnacaSale Type: For SaleRef #: EPCC3571
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Currency Exchange

Ormideia, Larnaca, 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 €165,000 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
€165,000 £135,944 £143,235 £7,291
Property Price € €165,000
Minimum cost in the last six months £135,944
Maximum cost in the last six months £143,235
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,291

Ormideia, Larnaca, 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 €165,000 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
€165,000 £135,944 £143,235 £7,291
Property Price € €165,000
Minimum cost in the last six months £135,944
Maximum cost in the last six months £143,235
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,291

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 £7,291 more.

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