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Discover the perfect setting to create your dream home or a unique investment opportunity with this generously sized 910 m plot
Paralimni, Famagusta, Cyprus
REF: 961176
€135,000
Description
Discover the perfect setting to create your dream home or a unique investment opportunity with this generously sized 910 m plot. Positioned in a prestigious new neighborhood surrounded by custom-built villas, the area still retains a sense of openness and natural beauty a balance rarely found. With a building density of 100% and coverage of 50%, this plot offers the flexibility to design a substantial family villa with the option for future extensions or additional features all depending on your vision. Conveniently located just 3 minutes from the highway, the plot offers easy access to major routes and is only a 10-minute drive to numerous Blue Flag beaches and 15 minutes from the vibrant resort town of Ayia Napa. The surrounding landscape features stunning mountain, village, and country views, while the plot itself enjoys a panoramic outlook that includes a glimpse of the sea a picturesque backdrop that shifts with the seasons. Over the next 5 years, infrastructure upgrades are planned, including improved road connections that will link this neighborhood even more efficiently to nearby amenities and the coast, further enhancing its value and accessibility. Whether you envision a peaceful retreat or a stylish residence in an up-and-coming area, this plot offers the ideal canvas for your vision. Don t miss out on securing this exceptional piece of land with endless potential. Contact Purple International Real Estate today for more information or to arrange a viewing. Your dream project starts here!
Discover the perfect setting to create your dream home or a unique investment opportunity with this generously sized 910 m plot. Positioned in a prestigious new neighborhood surrounded by custom-built villas, the area still retains a sense of openness and natural beauty a balance rarely found. With a building density of 100% and coverage of 50%, this plot offers the flexibility to design a substantial family villa with the option for future extensions or additional features all depending on your vision. Conveniently located just 3 minutes from the highway, the plot offers easy access to major routes and is only a 10-minute drive to numerous Blue Flag beaches and 15 minutes from the vibrant resort town of Ayia Napa. The surrounding landscape features stunning mountain, village, and country views, while the plot itself enjoys a panoramic outlook that includes a glimpse of the sea a picturesque backdrop that shifts with the seasons. Over the next 5 years, infrastructure upgrades are planned, including improved road connections that will link this neighborhood even more efficiently to nearby amenities and the coast, further enhancing its value and accessibility. Whether you envision a peaceful retreat or a stylish residence in an up-and-coming area, this plot offers the ideal canvas for your vision. Don t miss out on securing this exceptional piece of land with endless potential. Contact Purple International Real Estate today for more information or to arrange a viewing. Your dream project starts here!
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Currency Exchange
Paralimni, 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 €135,000 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 |
|---|---|---|---|
| €135,000 | £111,227 | £117,192 | £5,966 |
| Property Price € | €135,000 |
| Minimum cost in the last six months | £111,227 |
| Maximum cost in the last six months | £117,192 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,966 |
Paralimni, 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 €135,000 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 |
|---|---|---|---|
| €135,000 | £111,227 | £117,192 | £5,966 |
| Property Price € | €135,000 |
| Minimum cost in the last six months | £111,227 |
| Maximum cost in the last six months | £117,192 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,966 |
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 £5,966 more.
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