Land, For Sale, Paphos, Kathikas

Kathikas, Cyprus

For Sale

€79,000

REF: 833362 €79,000


Description

The plot in Kathikas village sounds like a gem for residential or investment purposes. Its location, nestled in the picturesque village 23km north of Paphos, offers a serene and cool environment, perfect for comfortable living. The elevation ensures breezy summers, a welcome relief from the coastal heat.

Spanning 595 square meters, the plot provides ample space for construction and landscaping, allowing for the creation of a personalized oasis. Its accessibility via a registered road adds to its convenience. Moreover, the building regulations allow for flexibility in design and construction, accommodating up to 90% building density, 50% coverage ratio, and two floors with a maximum height of 7 meters.

This flexibility enables individuals to tailor their structures to their preferences while adhering to local guidelines. The village's traditional charm, with its century-old residences showcasing folkloric architecture, adds to the allure of the area. Additionally, being part of the Laona Villages ensures the preservation of natural surroundings, contributing to a serene atmosphere ideal for relaxation.

The presence of a donkey sanctuary further enhances the village's authentic character, reflecting its rural charm and cultural heritage. Overall, the plot in Kathikas village offers a versatile opportunity for both permanent living and investment purposes. Whether one seeks to build a personal residence or a rental property, this plot provides the perfect canvas for creating a tranquil haven in a traditional setting, while still enjoying access to modern amenities and natural beauty. NOTE: *THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM, 3RD OF JUNE 2024, UNLESS OTHERWISE SPECIFIED
The plot in Kathikas village sounds like a gem for residential or investment purposes. Its location, nestled in the picturesque village 23km north of Paphos, offers a serene and cool environment, perfect for comfortable living. The elevation ensures breezy summers, a welcome relief from the coastal heat.

Spanning 595 square meters, the plot provides ample space for construction and landscaping, allowing for the creation of a personalized oasis. Its accessibility via a registered road adds to its convenience. Moreover, the building regulations allow for flexibility in design and construction, accommodating up to 90% building density, 50% coverage ratio, and two floors with a maximum height of 7 meters.

This flexibility enables individuals to tailor their structures to their preferences while adhering to local guidelines. The village's traditional charm, with its century-old residences showcasing folkloric architecture, adds to the allure of the area. Additionally, being part of the Laona Villages ensures the preservation of natural surroundings, contributing to a serene atmosphere ideal for relaxation.

The presence of a donkey sanctuary further enhances the village's authentic character, reflecting its rural charm and cultural heritage. Overall, the plot in Kathikas village offers a versatile opportunity for both permanent living and investment purposes. Whether one seeks to build a personal residence or a rental property, this plot provides the perfect canvas for creating a tranquil haven in a traditional setting, while still enjoying access to modern amenities and natural beauty. NOTE: *THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM, 3RD OF JUNE 2024, UNLESS OTHERWISE SPECIFIED
Read More

Property on Map

#34936

Currency Exchange

Kathikas, 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 €79,000 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
€79,000 £65,211 £68,579 £3,369
Property Price € €79,000
Minimum cost in the last six months £65,211
Maximum cost in the last six months £68,579
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,369

Kathikas, 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 €79,000 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
€79,000 £65,211 £68,579 £3,369
Property Price € €79,000
Minimum cost in the last six months £65,211
Maximum cost in the last six months £68,579
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,369

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 £3,369 more.

Read More







No     Yes



No     Yes

I agree to be connected with a trusted property agent who will receive these details.
We handle your data with care and only ever as outlined in our Privacy Policy

Loading..