Commercial Shop in Dasoupoli, Nicosia

5710, Cyprus

For Sale

€860,000

REF: 643256 €860,000


357 m2

Description

Reference ID: #17979Price details: 860,000This asset is a shop on the ground floor and an office on the first floor of a commercial building in Dasoupoli.The asset is located on the main Avenue.The asset consists of:- The ground floor shop of 215sqm comprising of an open plan space with auxiliary areas and mezzanine of 46sqm.- The first floor office of 96sqm comprising of an open plan space with reception area and hygiene facilities with separate entrance.- The basement of 150sqm comprising of an open plan storage space. Access to the basement is obtained both from the shop on the ground floor as well as the parking area.
Reference ID: #17979Price details: 860,000This asset is a shop on the ground floor and an office on the first floor of a commercial building in Dasoupoli.The asset is located on the main Avenue.The asset consists of:- The ground floor shop of 215sqm comprising of an open plan space with auxiliary areas and mezzanine of 46sqm.- The first floor office of 96sqm comprising of an open plan space with reception area and hygiene facilities with separate entrance.- The basement of 150sqm comprising of an open plan storage space. Access to the basement is obtained both from the shop on the ground floor as well as the parking area.
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Property on Map

#17979

Currency Exchange

5710, 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 €860,000 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
€860,000 £712,347 £739,127 £26,780
Property Price € €860,000
Minimum cost in the last six months £712,347
Maximum cost in the last six months £739,127
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,780

5710, 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 €860,000 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
€860,000 £712,347 £739,127 £26,780
Property Price € €860,000
Minimum cost in the last six months £712,347
Maximum cost in the last six months £739,127
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,780

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 £26,780 more.

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