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Commercial in City Center, Limassol
5687, Cyprus
REF: 642611
€2,300,000
Description
Reference ID: #SA26655Price details: 2,300,000 +VATA unique commercial Plot for sale in a prominent location in the heart of Limassol. The necessary demolition and plan permit has already been obtained and the project may start being built immediately.LOCATIONThe project is located in the heart of Limassol city, on a main business road.Located within 2 minutes walking distance business road.Located within 2 minutes walking distance from supermarkets and the leading private medical center (Ygia Polyclinic Private Hospital).Also within 5 to 10 minutes Polyclinic Private Hospital). Also within 5 to 10 minutes walking distance are the post office, old port on sea front and the main shopping street of city. PLAN & PERMITCurrently a 340sqm 5 bedroom villa with garden is located Currently in the plot. The plan is for four floors, a mezzanine, basement and shaded roof garden. PLAN PERMIT DETAILS BASEMENT BASEMENT 393 m 12 parking spaces Storge spaces 35m Staircase leading to the lobby Elevator RestroomGROUND DFLOOR 284 m 7 covered parking spaces Shop 73m Covered entrance terrace Entrance lobby 44m Staircase ElevatorMEZZANINE 208 m Office space 112m Entrance lobby Mezzanine 36m Staircase Elevator RestroomFIRST FLOOR 273 m Office space 205m Entrance lobby Staircase Elevator RestroomSECOND FLOOR 306 m Office space 238m Entrance lobby Staircase - Elevator- RestroomTHIRD FLOOR Office space 237m Covered veranda Entrance lobby Staircase Elevator RestroomFOURTH FLOOR 245 m Office space 121m Terrace covered with pergola 97m Staircase Elevator Restroom
Reference ID: #SA26655Price details: 2,300,000 +VATA unique commercial Plot for sale in a prominent location in the heart of Limassol. The necessary demolition and plan permit has already been obtained and the project may start being built immediately.LOCATIONThe project is located in the heart of Limassol city, on a main business road.Located within 2 minutes walking distance business road.Located within 2 minutes walking distance from supermarkets and the leading private medical center (Ygia Polyclinic Private Hospital).Also within 5 to 10 minutes Polyclinic Private Hospital). Also within 5 to 10 minutes walking distance are the post office, old port on sea front and the main shopping street of city. PLAN & PERMITCurrently a 340sqm 5 bedroom villa with garden is located Currently in the plot. The plan is for four floors, a mezzanine, basement and shaded roof garden. PLAN PERMIT DETAILS BASEMENT BASEMENT 393 m 12 parking spaces Storge spaces 35m Staircase leading to the lobby Elevator RestroomGROUND DFLOOR 284 m 7 covered parking spaces Shop 73m Covered entrance terrace Entrance lobby 44m Staircase ElevatorMEZZANINE 208 m Office space 112m Entrance lobby Mezzanine 36m Staircase Elevator RestroomFIRST FLOOR 273 m Office space 205m Entrance lobby Staircase Elevator RestroomSECOND FLOOR 306 m Office space 238m Entrance lobby Staircase - Elevator- RestroomTHIRD FLOOR Office space 237m Covered veranda Entrance lobby Staircase Elevator RestroomFOURTH FLOOR 245 m Office space 121m Terrace covered with pergola 97m Staircase Elevator Restroom
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Currency Exchange
5687, 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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,905,113 | £1,976,735 | £71,622 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,905,113 |
| Maximum cost in the last six months | £1,976,735 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £71,622 |
5687, 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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,905,113 | £1,976,735 | £71,622 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,905,113 |
| Maximum cost in the last six months | £1,976,735 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £71,622 |
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 £71,622 more.
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