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Commercial Building in Paphos
5713, Cyprus
REF: 641889
€3,100,000
Description
Reference ID: #SA29908Price details: 3,100,000 +VATFor sale modern commercial building in Paphos consisting of ground, mezzanine, 3 floors and roof garden.The property has a built area of 612sqm, of which 161sqm corresponds to the ground floor, 65sqm useful to the mezzanine, 1st floor 112sqm, 2nd floor 96sqm, 101sqm allocated to the 3rd floor and 77sqm to the gorgeous roof garden.The feeling of space, openness and light follows you all around this building due to its unique curved architecture.This feature highlights the inviting outdoor verandas that enjoy cityscape views on every floor.Building is located at the entrance of Paphos, just off the highway, in a busy area with commercial visibility and easy accessibility.It is also within very close proximity to educational institutes such as colleges and schools as well as banks, shops, coffee shops and food outlets making it an ideal property investment with high ROI.PLUS V.A.T
Reference ID: #SA29908Price details: 3,100,000 +VATFor sale modern commercial building in Paphos consisting of ground, mezzanine, 3 floors and roof garden.The property has a built area of 612sqm, of which 161sqm corresponds to the ground floor, 65sqm useful to the mezzanine, 1st floor 112sqm, 2nd floor 96sqm, 101sqm allocated to the 3rd floor and 77sqm to the gorgeous roof garden.The feeling of space, openness and light follows you all around this building due to its unique curved architecture.This feature highlights the inviting outdoor verandas that enjoy cityscape views on every floor.Building is located at the entrance of Paphos, just off the highway, in a busy area with commercial visibility and easy accessibility.It is also within very close proximity to educational institutes such as colleges and schools as well as banks, shops, coffee shops and food outlets making it an ideal property investment with high ROI.PLUS V.A.T
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Currency Exchange
5713, 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 €3,100,000 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 |
|---|---|---|---|
| €3,100,000 | £2,567,761 | £2,664,295 | £96,534 |
| Property Price € | €3,100,000 |
| Minimum cost in the last six months | £2,567,761 |
| Maximum cost in the last six months | £2,664,295 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £96,534 |
5713, 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 €3,100,000 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 |
|---|---|---|---|
| €3,100,000 | £2,567,761 | £2,664,295 | £96,534 |
| Property Price € | €3,100,000 |
| Minimum cost in the last six months | £2,567,761 |
| Maximum cost in the last six months | £2,664,295 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £96,534 |
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 £96,534 more.
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