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Land, For Sale, Limassol, Erimi
Erimi, Cyprus
REF: 961960
€170,000
Description
A 466 sq.m. residential plot ideally situated in a quiet and peaceful area of Erimi, just 500 meters from the main road, offering excellent access to a wide range of amenities including supermarkets, cafes, restaurants, bakeries, and schools. With a 90% building density, the plot allows for up to approx. 420 sq.m. of covered areas €” ideal for a spacious family home or a small residential development. The area offers the perfect balance of privacy and convenience, with quick access to the highway, making commuting to Limassol city center just a 15-minute drive. It's also just 10 minutes from the beautiful Ancient Kourion Beach, adding to the lifestyle appeal of the location. Whether you€™re looking to build your dream home or invest in a growing residential area, this plot offers great potential in a steadily developing part of Limassol.
A 466 sq.m. residential plot ideally situated in a quiet and peaceful area of Erimi, just 500 meters from the main road, offering excellent access to a wide range of amenities including supermarkets, cafes, restaurants, bakeries, and schools. With a 90% building density, the plot allows for up to approx. 420 sq.m. of covered areas €” ideal for a spacious family home or a small residential development. The area offers the perfect balance of privacy and convenience, with quick access to the highway, making commuting to Limassol city center just a 15-minute drive. It's also just 10 minutes from the beautiful Ancient Kourion Beach, adding to the lifestyle appeal of the location. Whether you€™re looking to build your dream home or invest in a growing residential area, this plot offers great potential in a steadily developing part of Limassol.
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Currency Exchange
Erimi, 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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,063 | £147,575 | £7,512 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,063 |
| Maximum cost in the last six months | £147,575 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,512 |
Erimi, 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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,063 | £147,575 | £7,512 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,063 |
| Maximum cost in the last six months | £147,575 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,512 |
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 £7,512 more.
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