Land, For Sale, Nicosia, Dali

DALI INDUSTRIAL AREA, Dali, Cyprus

For Sale

€995,000

REF: 818699 €995,000


Description

Location: €¢ Situated within the vibrant Dali industrial area, adjacent to the Geri Industrial Area, this property enjoys a strategic location in a bustling industrial hub. €¢ Surrounded by various industrial and storage facilities, as well as vacant plots, offering ample opportunities for synergies and growth.

Field Characteristics: €¢ Boasting a total surface area of 17,773sqm as per the title deed, this property offers abundant space for diverse industrial endeavors. €¢ Featuring a relatively irregular shape with a smooth surface, it is conveniently accessible from the north-west via a registered path functioning as a dirt road.

Additionally, the property benefits from a right of way as per the title deed dated 2018. Advantages - Special Features: €¢ A Planning Permit, issued on 21/06/2012, allows for the construction of a building comprising a warehouse and office space. The permit, valid for four years from the date of issuance, can be renewed for up to 12 years from the original issue date, extending until 2024.

€¢ This permit provides a rare opportunity for investors and developers to capitalize on the property's potential, with flexibility for long-term planning and development initiatives.
Location: €¢ Situated within the vibrant Dali industrial area, adjacent to the Geri Industrial Area, this property enjoys a strategic location in a bustling industrial hub. €¢ Surrounded by various industrial and storage facilities, as well as vacant plots, offering ample opportunities for synergies and growth.

Field Characteristics: €¢ Boasting a total surface area of 17,773sqm as per the title deed, this property offers abundant space for diverse industrial endeavors. €¢ Featuring a relatively irregular shape with a smooth surface, it is conveniently accessible from the north-west via a registered path functioning as a dirt road.

Additionally, the property benefits from a right of way as per the title deed dated 2018. Advantages - Special Features: €¢ A Planning Permit, issued on 21/06/2012, allows for the construction of a building comprising a warehouse and office space. The permit, valid for four years from the date of issuance, can be renewed for up to 12 years from the original issue date, extending until 2024.

€¢ This permit provides a rare opportunity for investors and developers to capitalize on the property's potential, with flexibility for long-term planning and development initiatives.
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Property on Map

#34365

Currency Exchange

DALI INDUSTRIAL AREA, Dali, 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 €995,000 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
€995,000 £846,437 £872,157 £25,721
Property Price € €995,000
Minimum cost in the last six months £846,437
Maximum cost in the last six months £872,157
Fluctuating exchange rates over the last six months could have increased the cost of this property by £25,721

DALI INDUSTRIAL AREA, Dali, 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 €995,000 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
€995,000 £846,437 £872,157 £25,721
Property Price € €995,000
Minimum cost in the last six months £846,437
Maximum cost in the last six months £872,157
Fluctuating exchange rates over the last six months could have increased the cost of this property by £25,721

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 £25,721 more.

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