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Land, For Sale, Nicosia, Strovolos, Dasoupolis
Strovolos, Cyprus
REF: 830951
€1,550,000
Description
Location €¢ Two adjacent plots for sale in a top location in Dasoupolis, close to all amenities. €¢ Dasoupolis is one of the best commercial areas of Nicosia with easy access to the city center. €¢ Easy access is also available for the Nicosia Limassol highway. €¢ There is a significant demand for office spaces in the area, attributable to its proximity to the entrance of Nicosia and the ease of access for visitors and employees from other cities. Commercial Plot Characteristics €¢ Plot size 924sq.m . €¢ 83% of the plot falls within commercial zone EB4 and 17% falls within residential zone Ka5. €¢ The building density of the commercial zone is 140% and the residential zone is 100% €¢ Coverage of 50%. €¢ Allowance for commercial zone 4 floors and residential 3 floors. Residential Plot Characteristics €¢ Plot size 538sq.m. €¢ The plot falls within Residential zone Ka5. €¢ The building density is 100% €¢ Coverage of 50%. €¢ Allowance 3 floors. Advantages - Special Features €¢ Planning incentives in case of the unification of the two plots. €¢ Top location. €¢ Ideal for doctors€™ offices.
Location €¢ Two adjacent plots for sale in a top location in Dasoupolis, close to all amenities. €¢ Dasoupolis is one of the best commercial areas of Nicosia with easy access to the city center. €¢ Easy access is also available for the Nicosia Limassol highway. €¢ There is a significant demand for office spaces in the area, attributable to its proximity to the entrance of Nicosia and the ease of access for visitors and employees from other cities. Commercial Plot Characteristics €¢ Plot size 924sq.m . €¢ 83% of the plot falls within commercial zone EB4 and 17% falls within residential zone Ka5. €¢ The building density of the commercial zone is 140% and the residential zone is 100% €¢ Coverage of 50%. €¢ Allowance for commercial zone 4 floors and residential 3 floors. Residential Plot Characteristics €¢ Plot size 538sq.m. €¢ The plot falls within Residential zone Ka5. €¢ The building density is 100% €¢ Coverage of 50%. €¢ Allowance 3 floors. Advantages - Special Features €¢ Planning incentives in case of the unification of the two plots. €¢ Top location. €¢ Ideal for doctors€™ offices.
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Currency Exchange
Strovolos, 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 €1,550,000 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 |
|---|---|---|---|
| €1,550,000 | £1,277,045 | £1,345,540 | £68,495 |
| Property Price € | €1,550,000 |
| Minimum cost in the last six months | £1,277,045 |
| Maximum cost in the last six months | £1,345,540 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £68,495 |
Strovolos, 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 €1,550,000 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 |
|---|---|---|---|
| €1,550,000 | £1,277,045 | £1,345,540 | £68,495 |
| Property Price € | €1,550,000 |
| Minimum cost in the last six months | £1,277,045 |
| Maximum cost in the last six months | £1,345,540 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £68,495 |
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 £68,495 more.
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