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Other, For Sale, Paphos, Tera
Tera, Cyprus
REF: 791015
€70,000
Description
For sale residential land in Krittou Tera, paphos. The land is adjacent to a main road and is just a few hundreds meters away from the center of the village. It is elevated and enjoys unobstructed panoramic views of the country site and the village. It falls into the residential land H2 and it has 90% building density and 50% coverage ratio, 2 floors allowance and 8.3 meters max height. The price may be subject to VAT. Kritou Terra is located 3 km east of Dhrousha and it is 479 m above sea level. Situated in the area of Laona, as the wider area is called and in a landscape surrounded by high mountain peaks and to the north overlooking the Gulf of Chrysochous, Kritou Terra is built at an altitude of 465 meters, is one of the ampelochoria (wine-producing villages of Cyprus) of the island and is considered one of the most beautiful and picturesque villages of the province. It has fantastic climatic conditions and because it€™s located by the third biggest spring in Cyprus it€™s green all year round.
For sale residential land in Krittou Tera, paphos. The land is adjacent to a main road and is just a few hundreds meters away from the center of the village. It is elevated and enjoys unobstructed panoramic views of the country site and the village. It falls into the residential land H2 and it has 90% building density and 50% coverage ratio, 2 floors allowance and 8.3 meters max height. The price may be subject to VAT. Kritou Terra is located 3 km east of Dhrousha and it is 479 m above sea level. Situated in the area of Laona, as the wider area is called and in a landscape surrounded by high mountain peaks and to the north overlooking the Gulf of Chrysochous, Kritou Terra is built at an altitude of 465 meters, is one of the ampelochoria (wine-producing villages of Cyprus) of the island and is considered one of the most beautiful and picturesque villages of the province. It has fantastic climatic conditions and because it€™s located by the third biggest spring in Cyprus it€™s green all year round.
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Currency Exchange
Tera, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,782 | £60,766 | £2,985 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,782 |
| Maximum cost in the last six months | £60,766 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,985 |
Tera, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,782 | £60,766 | £2,985 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,782 |
| Maximum cost in the last six months | £60,766 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,985 |
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 £2,985 more.
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