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Other, For Sale, Paphos, Polemi
Polemi, Cyprus
REF: 987063
€88,000
Description
A fantastic opportunity to acquire a residential plot in the peaceful and picturesque village of Polemi, located in the heart of the Paphos district. Just 400 meters south of the community center, this property enjoys a tranquil setting while remaining close to essential amenities. The plot features a rectangular shape with a level surface, making it ideal for easy construction. Surrounded by a mix of existing homes and open countryside, it offers the perfect environment for building a primary residence or a holiday home. Key Features: Plot Size: [Insert size if known] Planning Zone: H2 Building Density: 90% Coverage: 50% Floors: Up to 2 Maximum Height: 8.3 meters Polemi is a charming and well-established community, conveniently located just 15 minutes from Paphos city and the motorway, providing excellent access to schools, shops, and services while maintaining a peaceful village atmosphere. This is a rare opportunity to secure a quality plot in one of Paphos€™s most sought-after rural communities.
A fantastic opportunity to acquire a residential plot in the peaceful and picturesque village of Polemi, located in the heart of the Paphos district. Just 400 meters south of the community center, this property enjoys a tranquil setting while remaining close to essential amenities. The plot features a rectangular shape with a level surface, making it ideal for easy construction. Surrounded by a mix of existing homes and open countryside, it offers the perfect environment for building a primary residence or a holiday home. Key Features: Plot Size: [Insert size if known] Planning Zone: H2 Building Density: 90% Coverage: 50% Floors: Up to 2 Maximum Height: 8.3 meters Polemi is a charming and well-established community, conveniently located just 15 minutes from Paphos city and the motorway, providing excellent access to schools, shops, and services while maintaining a peaceful village atmosphere. This is a rare opportunity to secure a quality plot in one of Paphos€™s most sought-after rural communities.
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Currency Exchange
Polemi, 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 €88,000 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 |
|---|---|---|---|
| €88,000 | £72,640 | £76,392 | £3,752 |
| Property Price € | €88,000 |
| Minimum cost in the last six months | £72,640 |
| Maximum cost in the last six months | £76,392 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,752 |
Polemi, 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 €88,000 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 |
|---|---|---|---|
| €88,000 | £72,640 | £76,392 | £3,752 |
| Property Price € | €88,000 |
| Minimum cost in the last six months | £72,640 |
| Maximum cost in the last six months | £76,392 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,752 |
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 £3,752 more.
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