Land, For Sale, Limassol, Spitali

Spitali, Cyprus

For Sale

€130,000

REF: 813456 €130,000


Description

Explore this remarkable opportunity to acquire a 673sq.m. residential plot in the heart of Spitali village. With generous coverage and density allowances of 70% and 120% respectively, this plot offers the potential to build a two-story structure up to 8.3 meters high. Complete with full share of title deeds, this property ensures a seamless transaction process.

Additionally, there is an option to purchase half the size for 65,000 EUR, providing flexibility to suit your needs and preferences. Just a 20-minute drive from Limassol, this location offers convenience and accessibility to city amenities while enjoying the tranquility of village life. Furthermore, benefit from the existing building licenses and architectural drawings for a 140sq.m. house, streamlining the construction process and adding further value to this enticing opportunity.
Explore this remarkable opportunity to acquire a 673sq.m. residential plot in the heart of Spitali village. With generous coverage and density allowances of 70% and 120% respectively, this plot offers the potential to build a two-story structure up to 8.3 meters high. Complete with full share of title deeds, this property ensures a seamless transaction process.

Additionally, there is an option to purchase half the size for 65,000 EUR, providing flexibility to suit your needs and preferences. Just a 20-minute drive from Limassol, this location offers convenience and accessibility to city amenities while enjoying the tranquility of village life. Furthermore, benefit from the existing building licenses and architectural drawings for a 140sq.m. house, streamlining the construction process and adding further value to this enticing opportunity.
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Property on Map

#34040

Currency Exchange

Spitali, 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 €130,000 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
€130,000 £110,590 £113,950 £3,361
Property Price € €130,000
Minimum cost in the last six months £110,590
Maximum cost in the last six months £113,950
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,361

Spitali, 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 €130,000 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
€130,000 £110,590 £113,950 £3,361
Property Price € €130,000
Minimum cost in the last six months £110,590
Maximum cost in the last six months £113,950
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,361

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 £3,361 more.

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