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Land, For Sale, Nicosia, Strovolos, Agios Vasileios
Strovolos, Cyprus
REF: 991820
€190,000
Description
Location €¢ This residential plot is located in the Agios Vasilios quarter of Strovolos Municipality, within the Nicosia district. €¢ It enjoys a prime position near to METRO roundabout in a walking distance to Tseriou Avenue. €¢ The area is well-developed and highly sought after, offering a balanced combination of accessibility and quality of life. External Features €¢ The plot has a rectangular shape with a level surface, making it ideal for development. €¢ It benefits from a frontage of approximately 5 meters onto a registered street along its northeast boundary. €¢ Additionally, it borders a registered pathway along its western and northern sides, providing further access and flexibility in planning. €¢ The property is advantageously positioned directly opposite a designated green area, adding to its appeal and offering pleasant surroundings. Plot Characteristics €¢ The property falls within the Residential Zone Κα6, which allows for a building density of 90%. €¢ This zoning is suitable for the development of family homes or small residential buildings, making the plot a valuable investment opportunity in a growing neighborhood. Advantages & Special Features €¢ This plot is ideally situated close to a wide array of amenities and services, including schools, banks, supermarkets, shops, and more. €¢ It also offers excellent connectivity to the Nicosia city center and the motorway network, ensuring convenient access for both residents and visitors. €¢ Its desirable location and development potential make it an excellent choice for individuals or developers seeking to invest in a high-demand residential area.
Location €¢ This residential plot is located in the Agios Vasilios quarter of Strovolos Municipality, within the Nicosia district. €¢ It enjoys a prime position near to METRO roundabout in a walking distance to Tseriou Avenue. €¢ The area is well-developed and highly sought after, offering a balanced combination of accessibility and quality of life. External Features €¢ The plot has a rectangular shape with a level surface, making it ideal for development. €¢ It benefits from a frontage of approximately 5 meters onto a registered street along its northeast boundary. €¢ Additionally, it borders a registered pathway along its western and northern sides, providing further access and flexibility in planning. €¢ The property is advantageously positioned directly opposite a designated green area, adding to its appeal and offering pleasant surroundings. Plot Characteristics €¢ The property falls within the Residential Zone Κα6, which allows for a building density of 90%. €¢ This zoning is suitable for the development of family homes or small residential buildings, making the plot a valuable investment opportunity in a growing neighborhood. Advantages & Special Features €¢ This plot is ideally situated close to a wide array of amenities and services, including schools, banks, supermarkets, shops, and more. €¢ It also offers excellent connectivity to the Nicosia city center and the motorway network, ensuring convenient access for both residents and visitors. €¢ Its desirable location and development potential make it an excellent choice for individuals or developers seeking to invest in a high-demand residential area.
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Currency Exchange
Strovolos, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £156,836 | £164,941 | £8,105 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £156,836 |
| Maximum cost in the last six months | £164,941 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,105 |
Strovolos, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £156,836 | £164,941 | £8,105 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £156,836 |
| Maximum cost in the last six months | £164,941 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,105 |
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 £8,105 more.
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