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Land, For Sale, Nicosia, Agios Dometios, Agios Pavlos
Agios Dometios, Cyprus
REF: 968478
€230,000
Description
Location Discover a rare opportunity to own a residential plot in Agios Dometios. €¢ Nestled in a sought-after and central area, this property is ideal. €¢ Enjoy easy access to a wealth of amenities including supermarkets, shops, schools,essential services and the elementary school of Agios Dometios. €¢ Easy access to the city centre. Plot Characteristics €¢ Generously sized corner plot of 539sqm with a flat elevation, offering ease of construction. €¢ Features a regular shape and a frontage of 23 meters (approx.). €¢ Zoning: Ka4 o Building density: 120% o Coverage ratio: 50% o Maximum floors: Up to 3 Key Advantages €¢ Located in a high-demand area, this plot is perfect for residential development. €¢ A lucrative investment opportunity with significant growth potential. €¢ Offers a serene and desirable neighbourhood setting for your future home. Value for Money This plot stands out with its competitive pricing compared to similar properties in the area, making it an excellent choice for your dream home or investment. There is an old house on the plot that needs to be demolished; therefore, the plot is not subject to VAT.
Location Discover a rare opportunity to own a residential plot in Agios Dometios. €¢ Nestled in a sought-after and central area, this property is ideal. €¢ Enjoy easy access to a wealth of amenities including supermarkets, shops, schools,essential services and the elementary school of Agios Dometios. €¢ Easy access to the city centre. Plot Characteristics €¢ Generously sized corner plot of 539sqm with a flat elevation, offering ease of construction. €¢ Features a regular shape and a frontage of 23 meters (approx.). €¢ Zoning: Ka4 o Building density: 120% o Coverage ratio: 50% o Maximum floors: Up to 3 Key Advantages €¢ Located in a high-demand area, this plot is perfect for residential development. €¢ A lucrative investment opportunity with significant growth potential. €¢ Offers a serene and desirable neighbourhood setting for your future home. Value for Money This plot stands out with its competitive pricing compared to similar properties in the area, making it an excellent choice for your dream home or investment. There is an old house on the plot that needs to be demolished; therefore, the plot is not subject to VAT.
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Currency Exchange
Agios Dometios, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,854 | £199,661 | £9,807 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,854 |
| Maximum cost in the last six months | £199,661 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,807 |
Agios Dometios, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,854 | £199,661 | £9,807 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,854 |
| Maximum cost in the last six months | £199,661 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,807 |
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 £9,807 more.
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