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Other, For Sale, Paphos, Marathounta
Marathounta, Cyprus
REF: 846479
€385,000
Description
We are delighted to offer this exceptional plot of residential land, perfectly situated between the charming villages of Episkopi and Marathounta. Now at ‚385.000 - Was ‚420.000 This expansive land spans 12,821 square meters and boasts a generous frontage of 77 meters adjacent to a public road, ensuring easy access. Property Details: -Zone: G3/P1a -Building Density: 20% -Coverage Ratio: 15% -Floor Allowance: 2 floors -Maximum Building Height: 8.3 meters -Surface: Smooth and flat Key Features: Proximity to Villages: Just 2.5 km from Episkopi Village and Marathounta Center, offering a blend of tranquility and convenience. Accessibility: Excellent road access with a broad frontage, making it ideal for residential development. Development Potential: With a building density of 20% and a coverage ratio of 15%, this land presents a fantastic opportunity for creating a spacious residential project. Scenic Location: The land's flat surface provides an ideal canvas for construction. Ideal for Privacy: This plot is perfect for homeowners seeking privacy and relaxation, offering ample space and a serene environment. Developer's Dream: With favorable zoning regulations and substantial development potential, this land is also an excellent investment for developers. Nearby Amenities: Airport: Paphos International Airport 12 km Education: Episkopi Primary School 2.5 km, Paphos International School 10 km Recreation: Nearby parks and recreational facilities 3 km, Minthis Hills Golf Resort in Tsada 12 km Healthcare: Paphos General Hospital 8 km This plot of land is ideal for homeowners seeking a private and relaxing retreat or developers looking to invest in a serene yet accessible location with significant growth potential. Don't miss the chance to create a unique residential community in this picturesque part of Cyprus.
We are delighted to offer this exceptional plot of residential land, perfectly situated between the charming villages of Episkopi and Marathounta. Now at ‚385.000 - Was ‚420.000 This expansive land spans 12,821 square meters and boasts a generous frontage of 77 meters adjacent to a public road, ensuring easy access. Property Details: -Zone: G3/P1a -Building Density: 20% -Coverage Ratio: 15% -Floor Allowance: 2 floors -Maximum Building Height: 8.3 meters -Surface: Smooth and flat Key Features: Proximity to Villages: Just 2.5 km from Episkopi Village and Marathounta Center, offering a blend of tranquility and convenience. Accessibility: Excellent road access with a broad frontage, making it ideal for residential development. Development Potential: With a building density of 20% and a coverage ratio of 15%, this land presents a fantastic opportunity for creating a spacious residential project. Scenic Location: The land's flat surface provides an ideal canvas for construction. Ideal for Privacy: This plot is perfect for homeowners seeking privacy and relaxation, offering ample space and a serene environment. Developer's Dream: With favorable zoning regulations and substantial development potential, this land is also an excellent investment for developers. Nearby Amenities: Airport: Paphos International Airport 12 km Education: Episkopi Primary School 2.5 km, Paphos International School 10 km Recreation: Nearby parks and recreational facilities 3 km, Minthis Hills Golf Resort in Tsada 12 km Healthcare: Paphos General Hospital 8 km This plot of land is ideal for homeowners seeking a private and relaxing retreat or developers looking to invest in a serene yet accessible location with significant growth potential. Don't miss the chance to create a unique residential community in this picturesque part of Cyprus.
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Currency Exchange
Marathounta, 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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,798 | £334,215 | £16,416 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,798 |
| Maximum cost in the last six months | £334,215 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,416 |
Marathounta, 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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,798 | £334,215 | £16,416 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,798 |
| Maximum cost in the last six months | £334,215 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,416 |
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 £16,416 more.
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