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Other, For Sale, Paphos, Pegeia
Pegeia, Cyprus
REF: 997474
€160,000
Description
For sale: Development land of 697 m², ideally situated in the popular area of Peyia. The Land provides ample space for building your dream home or investment property. Peyia is known for its peaceful surroundings and unique blend of traditional charm with modern convenience. The area boasts a variety of amenities including shops, restaurants, cafes, and essential services, all just a short distance from the plot. Peyia's elevated position offers pleasant breezes and a comfortable lifestyle year-round. This Land is positioned to capture outstanding panoramic views. Enjoy the beautiful scenery with sweeping city, village, and country vistas. The location also offers uninterrupted views of the dazzling coastline and the deep blue sea, making it perfect for those who appreciate nature and tranquility. Whether you are looking for a site for a family residence or a promising investment, this large plot in Peyia stands out as an excellent choice. Don't miss the opportunity to own a plot with such a rich variety of views and proximity to amenities.
For sale: Development land of 697 m², ideally situated in the popular area of Peyia. The Land provides ample space for building your dream home or investment property. Peyia is known for its peaceful surroundings and unique blend of traditional charm with modern convenience. The area boasts a variety of amenities including shops, restaurants, cafes, and essential services, all just a short distance from the plot. Peyia's elevated position offers pleasant breezes and a comfortable lifestyle year-round. This Land is positioned to capture outstanding panoramic views. Enjoy the beautiful scenery with sweeping city, village, and country vistas. The location also offers uninterrupted views of the dazzling coastline and the deep blue sea, making it perfect for those who appreciate nature and tranquility. Whether you are looking for a site for a family residence or a promising investment, this large plot in Peyia stands out as an excellent choice. Don't miss the opportunity to own a plot with such a rich variety of views and proximity to amenities.
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Currency Exchange
Pegeia, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,072 | £139,522 | £7,450 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,072 |
| Maximum cost in the last six months | £139,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,450 |
Pegeia, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,072 | £139,522 | £7,450 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,072 |
| Maximum cost in the last six months | £139,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,450 |
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 £7,450 more.
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