Land, For Sale, Nicosia, Latsia

PRAKSITELOUS, Latsia, Cyprus

For Sale

€183,000

REF: 803540 €183,000


Description

Location €¢ Situated within walking distance from Latsia community center. €¢ Proximity to various amenities including schools, supermarkets, and shops. €¢ Convenient access to Nicosia city center and the Nicosia-Limassol highway. Plot Characteristics €¢ Spans approximately 580 sq.m. €¢ Rectangular shape with a level surface.

€¢ Accessible via a registered road, boasting approximately 23m frontage. €¢ Zoned Κα5, allowing for a building coefficient of 100%, coverage of 50%, and permission for up to 3 floors (13.5m) of construction. Advantages - Special Features €¢ Ample-sized plot situated in a sought-after locale. €¢ Seamless connectivity to amenities and major transportation routes, enhancing convenience for future residents.
Location €¢ Situated within walking distance from Latsia community center. €¢ Proximity to various amenities including schools, supermarkets, and shops. €¢ Convenient access to Nicosia city center and the Nicosia-Limassol highway. Plot Characteristics €¢ Spans approximately 580 sq.m. €¢ Rectangular shape with a level surface.

€¢ Accessible via a registered road, boasting approximately 23m frontage. €¢ Zoned Κα5, allowing for a building coefficient of 100%, coverage of 50%, and permission for up to 3 floors (13.5m) of construction. Advantages - Special Features €¢ Ample-sized plot situated in a sought-after locale. €¢ Seamless connectivity to amenities and major transportation routes, enhancing convenience for future residents.
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Property on Map

#33421

Currency Exchange

PRAKSITELOUS, Latsia, 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 €183,000 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
€183,000 £155,676 £160,407 £4,731
Property Price € €183,000
Minimum cost in the last six months £155,676
Maximum cost in the last six months £160,407
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,731

PRAKSITELOUS, Latsia, 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 €183,000 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
€183,000 £155,676 £160,407 £4,731
Property Price € €183,000
Minimum cost in the last six months £155,676
Maximum cost in the last six months £160,407
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,731

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 £4,731 more.

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