Commercial Office in Agia Zoni, Limassol

5682, Cyprus

For Sale

€2,959,000

REF: 642966 €2,959,000


1773 m2

Description

Reference ID: #24000Price details: 2,959,000The asset consists of three ground floor retail units and offices in a commercial building in Agia Zoni, Limassol. Retail Unit 1: Corner shop with a total covered area of 180 sqm and a mezzanine of 208 sqm. Retail Unit 2: Middle shop with a total covered area of 295 sqm and a mezzanine of 430 sqm.

Retail Unit 3: With a total covered area of 30 sqm. It is connected to the 2nd floor (circa 630 sqm) via an internal staircase and is currently leased. The property is situated in a prime location within Limassol s commercial core. The property is in close vicinity to the old port and Limassol Marina.The immediate area consists mostly of commercial properties and the offices of several companies. The wider area is well developed and consists of mixed-use properties including shops/showrooms on the ground floors and offices or flats on the upper floors
Reference ID: #24000Price details: 2,959,000The asset consists of three ground floor retail units and offices in a commercial building in Agia Zoni, Limassol. Retail Unit 1: Corner shop with a total covered area of 180 sqm and a mezzanine of 208 sqm. Retail Unit 2: Middle shop with a total covered area of 295 sqm and a mezzanine of 430 sqm.

Retail Unit 3: With a total covered area of 30 sqm. It is connected to the 2nd floor (circa 630 sqm) via an internal staircase and is currently leased. The property is situated in a prime location within Limassol s commercial core. The property is in close vicinity to the old port and Limassol Marina.The immediate area consists mostly of commercial properties and the offices of several companies. The wider area is well developed and consists of mixed-use properties including shops/showrooms on the ground floors and offices or flats on the upper floors
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Property on Map

#24000

Currency Exchange

5682, 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 €2,959,000 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
€2,959,000 £2,450,969 £2,543,113 £92,143
Property Price € €2,959,000
Minimum cost in the last six months £2,450,969
Maximum cost in the last six months £2,543,113
Fluctuating exchange rates over the last six months could have increased the cost of this property by £92,143

5682, 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 €2,959,000 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
€2,959,000 £2,450,969 £2,543,113 £92,143
Property Price € €2,959,000
Minimum cost in the last six months £2,450,969
Maximum cost in the last six months £2,543,113
Fluctuating exchange rates over the last six months could have increased the cost of this property by £92,143

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 £92,143 more.

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