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Commercial Office in Agios Athanasios, Limassol
5207, Cyprus
REF: 642245
€5,260,000
Description
Reference ID: #SA29064Price details: 5,260,000For sale are three offices with a total covered area of 1,121 sq.m. Two offices are situated on the same floor and the third one on top of them. Each of the offices has a private entrance. The building is located on one of the busiest streets in Limassol.Office No.[1] with a total area of 518 sq.m, which consists of internal areas 432 sq.m, common areas 64 sq.m and uncovered verandas 22 sq.m.Office No.[2] with a total area of 448 sq.m, which consists of internal areas 253 sq.m, covered verandas 139 sq.m and uncovered verandas 56 sq.m.Office No.[3] with a total area of 833 sq.m, which consists of internal areas 170 sq.m, common areas 33 sq.m, covered verandas 30 sq.m and uncovered verandas 600 sq.m (with unobstructed views).Total covered area: 1,121 sq.m. Uncovered area: 678 sq.m. Grand total area: 1799 sq.m.8 private parking spaces.The premises are rented out with a good annual income.No V.A.T.
Reference ID: #SA29064Price details: 5,260,000For sale are three offices with a total covered area of 1,121 sq.m. Two offices are situated on the same floor and the third one on top of them. Each of the offices has a private entrance. The building is located on one of the busiest streets in Limassol.Office No.[1] with a total area of 518 sq.m, which consists of internal areas 432 sq.m, common areas 64 sq.m and uncovered verandas 22 sq.m.Office No.[2] with a total area of 448 sq.m, which consists of internal areas 253 sq.m, covered verandas 139 sq.m and uncovered verandas 56 sq.m.Office No.[3] with a total area of 833 sq.m, which consists of internal areas 170 sq.m, common areas 33 sq.m, covered verandas 30 sq.m and uncovered verandas 600 sq.m (with unobstructed views).Total covered area: 1,121 sq.m. Uncovered area: 678 sq.m. Grand total area: 1799 sq.m.8 private parking spaces.The premises are rented out with a good annual income.No V.A.T.
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Currency Exchange
5207, 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 €5,260,000 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 |
|---|---|---|---|
| €5,260,000 | £4,375,689 | £4,526,861 | £151,172 |
| Property Price € | €5,260,000 |
| Minimum cost in the last six months | £4,375,689 |
| Maximum cost in the last six months | £4,526,861 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £151,172 |
5207, 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 €5,260,000 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 |
|---|---|---|---|
| €5,260,000 | £4,375,689 | £4,526,861 | £151,172 |
| Property Price € | €5,260,000 |
| Minimum cost in the last six months | £4,375,689 |
| Maximum cost in the last six months | £4,526,861 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £151,172 |
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 £151,172 more.
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