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Other, For Sale, Limassol, Agia Triada
Agia Triada, Cyprus
REF: 970046
€130,000
Description
For sale is an old house, offering 51 m² of internal living space, at the heart of the vibrant city of Limassol, at walking distance from the beach. Built in 1925, this property is in prime location with unique potential for development. The building density of the property is 120% and the cover ratio is 70%. Limassol is known for its beautiful coastline, lively atmosphere, and rich cultural heritage. Residents enjoy access to local shops, cafes, and parks, along with a vibrant nightlife. With the highway just a short distance away, commuting around the area is convenient. While the house is a wonderful find, it does require substantial renovation and restructuring, making it a blank canvas for new owners to design their dream space. This is a fantastic chance to create a personalized home in a sought-after area.
For sale is an old house, offering 51 m² of internal living space, at the heart of the vibrant city of Limassol, at walking distance from the beach. Built in 1925, this property is in prime location with unique potential for development. The building density of the property is 120% and the cover ratio is 70%. Limassol is known for its beautiful coastline, lively atmosphere, and rich cultural heritage. Residents enjoy access to local shops, cafes, and parks, along with a vibrant nightlife. With the highway just a short distance away, commuting around the area is convenient. While the house is a wonderful find, it does require substantial renovation and restructuring, making it a blank canvas for new owners to design their dream space. This is a fantastic chance to create a personalized home in a sought-after area.
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Currency Exchange
Agia Triada, 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 €130,000 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 |
|---|---|---|---|
| €130,000 | £107,107 | £112,852 | £5,745 |
| Property Price € | €130,000 |
| Minimum cost in the last six months | £107,107 |
| Maximum cost in the last six months | £112,852 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,745 |
Agia Triada, 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 €130,000 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 |
|---|---|---|---|
| €130,000 | £107,107 | £112,852 | £5,745 |
| Property Price € | €130,000 |
| Minimum cost in the last six months | £107,107 |
| Maximum cost in the last six months | £112,852 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,745 |
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 £5,745 more.
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