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Land, For Sale, Paphos, Mesogi
Mesogi, Cyprus
REF: 978642
€559,500
Description
This expansive residential field is ideally situated in the charming village of Mesogi, just 500 meters from the village center and 800 meters from Mesa Chorio. Spanning 9,150 sqm, the property offers an excellent development opportunity in a sought-after residential area. Enjoy the convenience of close proximity to all essential amenities and easy access to the main road leading to Paphos city center. The surrounding area features a blend of traditional and modern residences, including holiday homes, apartment blocks, and other residential plots, reflecting a vibrant and growing community. A planning permit application has been submitted for the division of the land into 9 individual plots, currently pending approval from the local authorities€”making it an ideal investment for future development.
This expansive residential field is ideally situated in the charming village of Mesogi, just 500 meters from the village center and 800 meters from Mesa Chorio. Spanning 9,150 sqm, the property offers an excellent development opportunity in a sought-after residential area. Enjoy the convenience of close proximity to all essential amenities and easy access to the main road leading to Paphos city center. The surrounding area features a blend of traditional and modern residences, including holiday homes, apartment blocks, and other residential plots, reflecting a vibrant and growing community. A planning permit application has been submitted for the division of the land into 9 individual plots, currently pending approval from the local authorities€”making it an ideal investment for future development.
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Currency Exchange
Mesogi, 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 €559,500 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 |
|---|---|---|---|
| €559,500 | £461,839 | £485,696 | £23,857 |
| Property Price € | €559,500 |
| Minimum cost in the last six months | £461,839 |
| Maximum cost in the last six months | £485,696 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,857 |
Mesogi, 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 €559,500 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 |
|---|---|---|---|
| €559,500 | £461,839 | £485,696 | £23,857 |
| Property Price € | €559,500 |
| Minimum cost in the last six months | £461,839 |
| Maximum cost in the last six months | £485,696 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,857 |
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 £23,857 more.
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