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Land, For Sale, Limassol, Ypsonas
Ypsonas, Cyprus
REF: 927933
€165,000
Description
Plot Ε is a corner plot covering 625m², offering enhanced visibility and accessibility. Zoned as H4, it allows for a 40% building density and 25% coverage, permitting up to 295 m² of covered internal space over two floors, with additional allowances for verandas and garages. The plot features a level foundation, ensuring easy construction, and a westward orientation for optimal natural light. Its corner position provides added flexibility in building design and layout, with a road frontage of approximately 30 meters. Although Plot Ε does not border any green space, its location in a peaceful, residential area surrounded by modern homes and undeveloped plots ensures a tranquil living environment. This property is ideal for those seeking a prime corner lot at a competitive price.
Plot Ε is a corner plot covering 625m², offering enhanced visibility and accessibility. Zoned as H4, it allows for a 40% building density and 25% coverage, permitting up to 295 m² of covered internal space over two floors, with additional allowances for verandas and garages. The plot features a level foundation, ensuring easy construction, and a westward orientation for optimal natural light. Its corner position provides added flexibility in building design and layout, with a road frontage of approximately 30 meters. Although Plot Ε does not border any green space, its location in a peaceful, residential area surrounded by modern homes and undeveloped plots ensures a tranquil living environment. This property is ideal for those seeking a prime corner lot at a competitive price.
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Currency Exchange
Ypsonas, 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 €165,000 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 |
|---|---|---|---|
| €165,000 | £135,944 | £143,235 | £7,291 |
| Property Price € | €165,000 |
| Minimum cost in the last six months | £135,944 |
| Maximum cost in the last six months | £143,235 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,291 |
Ypsonas, 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 €165,000 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 |
|---|---|---|---|
| €165,000 | £135,944 | £143,235 | £7,291 |
| Property Price € | €165,000 |
| Minimum cost in the last six months | £135,944 |
| Maximum cost in the last six months | £143,235 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,291 |
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 £7,291 more.
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