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Residential in Palodia, Limassol
5337, Cyprus
REF: 966396
€240,000
Description
Reference ID: #SA35075Price details: 240,000In the picturesque town of Palodia, a captivating story unfolds on a plot spanning 770 square meters. This residential gem, classified as ????????, falls under the zoning category ?3, signifying its suitability for residential development. Nestled in the heart of a residential zone, the plot is earmarked for the construction of a dwelling.The regulations governing this plot dictate a thoughtful approach to its development. With a building allowance of 60%, the potential residence can ascend to two stories, each reaching a height of 8.3 meters. The architectural canvas allows for a harmonious integration of modern design and traditional aesthetics, offering the future inhabitants a unique and customized living space.A meticulous balance between construction and open space is achieved through a 35% coverage limit, ensuring a spacious and green environment around the envisioned home. As the plot unveils its potential, a tale of architectural innovation and lifestyle unfolds, promising a residence that encapsulates the charm of Palodia while embracing contemporary living.
Reference ID: #SA35075Price details: 240,000In the picturesque town of Palodia, a captivating story unfolds on a plot spanning 770 square meters. This residential gem, classified as ????????, falls under the zoning category ?3, signifying its suitability for residential development. Nestled in the heart of a residential zone, the plot is earmarked for the construction of a dwelling.The regulations governing this plot dictate a thoughtful approach to its development. With a building allowance of 60%, the potential residence can ascend to two stories, each reaching a height of 8.3 meters. The architectural canvas allows for a harmonious integration of modern design and traditional aesthetics, offering the future inhabitants a unique and customized living space.A meticulous balance between construction and open space is achieved through a 35% coverage limit, ensuring a spacious and green environment around the envisioned home. As the plot unveils its potential, a tale of architectural innovation and lifestyle unfolds, promising a residence that encapsulates the charm of Palodia while embracing contemporary living.
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Currency Exchange
5337, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,108 | £208,342 | £10,234 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,108 |
| Maximum cost in the last six months | £208,342 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,234 |
5337, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,108 | £208,342 | £10,234 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,108 |
| Maximum cost in the last six months | £208,342 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,234 |
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 £10,234 more.
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