Land, For Sale, Limassol, Episkopi

Episkopi, Cyprus

For Sale

€450,000

REF: 837477 €450,000


Description

This 1789 sq.m. residential field in Episkopi offers a unique opportunity with its unobstructed sea view and incline angle. Accessible from two roads, the plot boasts 80% density and 45% coverage. Ideal for those seeking a picturesque location for a private residence.
This 1789 sq.m. residential field in Episkopi offers a unique opportunity with its unobstructed sea view and incline angle. Accessible from two roads, the plot boasts 80% density and 45% coverage. Ideal for those seeking a picturesque location for a private residence.
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Property on Map

#35170

Currency Exchange

Episkopi, 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 €450,000 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
€450,000 £379,602 £391,023 £11,421
Property Price € €450,000
Minimum cost in the last six months £379,602
Maximum cost in the last six months £391,023
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,421

Episkopi, 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 €450,000 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
€450,000 £379,602 £391,023 £11,421
Property Price € €450,000
Minimum cost in the last six months £379,602
Maximum cost in the last six months £391,023
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,421

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 £11,421 more.

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