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For sale is an exceptional elevated plot of 665m located in the prestigious Cape Greko area, guaranteeing uninterrupted sea views forever
Cape Greko, Famagusta, Cyprus
REF: 952695
€210,000
Description
For sale is an exceptional elevated plot of 665m located in the prestigious Cape Greko area, guaranteeing uninterrupted sea views forever. Renowned for its breathtaking natural beauty, Cape Greko combines picturesque mountains with a captivating coastline, offering a tranquil environment ideal for your dream home. Conveniently situated within a pleasant 10-minute walk to the beach along a panoramic road complete with a dedicated bicycle lane, the property is also just a 5-minute drive from the vibrant centers of Protaras and Ayia Napa. This prime location provides easy access to numerous stunning sandy bays, acclaimed as some of Europe's finest, and offers multiple nature trails to enjoy year-round. The plot boasts a generous building density of 30%, coverage of 25%, and permits construction of up to 2 floors with a maximum height of 10 meters. Whether you're an investor seeking a lucrative opportunity or an individual planning to build your dream residence, this property provides spectacular panoramic views encompassing rolling mountains and the crystal-clear Mediterranean Sea. Cape Greko is conveniently close to local amenities, allowing you to enjoy daily conveniences while maintaining a serene lifestyle within the picturesque surroundings of Cape Greko National Park. Don't miss the chance to own your own piece of paradise. For more information and to fully explore the potential of this outstanding plot, please contact Purple International Real Estate today.
For sale is an exceptional elevated plot of 665m located in the prestigious Cape Greko area, guaranteeing uninterrupted sea views forever. Renowned for its breathtaking natural beauty, Cape Greko combines picturesque mountains with a captivating coastline, offering a tranquil environment ideal for your dream home. Conveniently situated within a pleasant 10-minute walk to the beach along a panoramic road complete with a dedicated bicycle lane, the property is also just a 5-minute drive from the vibrant centers of Protaras and Ayia Napa. This prime location provides easy access to numerous stunning sandy bays, acclaimed as some of Europe's finest, and offers multiple nature trails to enjoy year-round. The plot boasts a generous building density of 30%, coverage of 25%, and permits construction of up to 2 floors with a maximum height of 10 meters. Whether you're an investor seeking a lucrative opportunity or an individual planning to build your dream residence, this property provides spectacular panoramic views encompassing rolling mountains and the crystal-clear Mediterranean Sea. Cape Greko is conveniently close to local amenities, allowing you to enjoy daily conveniences while maintaining a serene lifestyle within the picturesque surroundings of Cape Greko National Park. Don't miss the chance to own your own piece of paradise. For more information and to fully explore the potential of this outstanding plot, please contact Purple International Real Estate today.
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Currency Exchange
Cape Greko, Famagusta, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,019 | £182,299 | £9,280 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,019 |
| Maximum cost in the last six months | £182,299 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,280 |
Cape Greko, Famagusta, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,019 | £182,299 | £9,280 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,019 |
| Maximum cost in the last six months | £182,299 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,280 |
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 £9,280 more.
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