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Land, For Sale, Paphos, Timi
Timi, Cyprus
REF: 811112
€170,000
Description
Prime Residential Plot in Timi, Paphos, Cyprus Nestled in the picturesque locale of Timi, Paphos, Cyprus, this residential plot presents an exceptional opportunity for those seeking to create their dream home in an idyllic Mediterranean setting. Spanning across 787 square meters, this parcel of land offers ample space for the realization of a bespoke residential sanctuary. Situated within the H2 zone, this plot benefits from favorable building regulations, granting a building density of 90% and a coverage allowance of 50%. These generous parameters provide significant flexibility for architectural design, ensuring the realization of a spacious and comfortable living environment. Prospective homeowners will delight in the prospect of constructing a two-story residence on this plot, with a maximum height limit of 8.3 meters. This enables the incorporation of multiple levels, facilitating the creation of distinct living spaces, private quarters, and recreational areas tailored to individual preferences. The surrounding landscape of Timi, characterized by its tranquil ambiance and natural beauty, serves as a captivating backdrop for this residential endeavor. Residents will enjoy the serene charm of Cyprus living, with easy access to nearby amenities, including schools, shops, and recreational facilities, ensuring both convenience and leisure. Whether envisioning a contemporary architectural masterpiece or a traditional Mediterranean-inspired abode, this residential plot in Timi, Paphos, offers the ideal canvas for transforming dreams into reality. With its favorable zoning regulations, generous dimensions, and enchanting surroundings, this property stands as a prime opportunity for discerning individuals seeking to craft their perfect home in Cyprus's enchanting landscape.
Prime Residential Plot in Timi, Paphos, Cyprus Nestled in the picturesque locale of Timi, Paphos, Cyprus, this residential plot presents an exceptional opportunity for those seeking to create their dream home in an idyllic Mediterranean setting. Spanning across 787 square meters, this parcel of land offers ample space for the realization of a bespoke residential sanctuary. Situated within the H2 zone, this plot benefits from favorable building regulations, granting a building density of 90% and a coverage allowance of 50%. These generous parameters provide significant flexibility for architectural design, ensuring the realization of a spacious and comfortable living environment. Prospective homeowners will delight in the prospect of constructing a two-story residence on this plot, with a maximum height limit of 8.3 meters. This enables the incorporation of multiple levels, facilitating the creation of distinct living spaces, private quarters, and recreational areas tailored to individual preferences. The surrounding landscape of Timi, characterized by its tranquil ambiance and natural beauty, serves as a captivating backdrop for this residential endeavor. Residents will enjoy the serene charm of Cyprus living, with easy access to nearby amenities, including schools, shops, and recreational facilities, ensuring both convenience and leisure. Whether envisioning a contemporary architectural masterpiece or a traditional Mediterranean-inspired abode, this residential plot in Timi, Paphos, offers the ideal canvas for transforming dreams into reality. With its favorable zoning regulations, generous dimensions, and enchanting surroundings, this property stands as a prime opportunity for discerning individuals seeking to craft their perfect home in Cyprus's enchanting landscape.
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Currency Exchange
Timi, 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 €170,000 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 |
|---|---|---|---|
| €170,000 | £144,617 | £149,012 | £4,395 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £144,617 |
| Maximum cost in the last six months | £149,012 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,395 |
Timi, 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 €170,000 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 |
|---|---|---|---|
| €170,000 | £144,617 | £149,012 | £4,395 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £144,617 |
| Maximum cost in the last six months | £149,012 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,395 |
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 £4,395 more.
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