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Commercial Shop in Strovolos, Nicosia
5709, Cyprus
REF: 647608
€685,000
Description
Reference ID: #SA30039Price details: 685,000 +VATThe building consists of five levels and two basements.On the ground floor is designed three shops with mezzanine.The rest of the building, with separate entrance, lobby area and elevator, consists of five floors with comfortable office spaces which can be divided according to the space needed by each business.All offices have kitchens, toilets and covered verandas and can be divided into offices, meeting rooms and reception areas.The building is equipped with raised floors suitable for structured cabling and drop ceilings with climate control units.FEATURE:Class A Energy performance Thermal and sound insulation VRV system Lighting system Security system Fire alarm system Double-glazing fa ade Fiber-optic cables High quality raised floor Flexible distribution of services to the working stations Controlled access system at building entrance Provision for smart building automations Provision for CCTV Security camerasProvision for structured cabling Provision for security systemCompletion date : December 2023PLUS V.A.T
Reference ID: #SA30039Price details: 685,000 +VATThe building consists of five levels and two basements.On the ground floor is designed three shops with mezzanine.The rest of the building, with separate entrance, lobby area and elevator, consists of five floors with comfortable office spaces which can be divided according to the space needed by each business.All offices have kitchens, toilets and covered verandas and can be divided into offices, meeting rooms and reception areas.The building is equipped with raised floors suitable for structured cabling and drop ceilings with climate control units.FEATURE:Class A Energy performance Thermal and sound insulation VRV system Lighting system Security system Fire alarm system Double-glazing fa ade Fiber-optic cables High quality raised floor Flexible distribution of services to the working stations Controlled access system at building entrance Provision for smart building automations Provision for CCTV Security camerasProvision for structured cabling Provision for security systemCompletion date : December 2023PLUS V.A.T
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Property on Map
Currency Exchange
5709, 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 €685,000 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 |
|---|---|---|---|
| €685,000 | £567,392 | £588,723 | £21,331 |
| Property Price € | €685,000 |
| Minimum cost in the last six months | £567,392 |
| Maximum cost in the last six months | £588,723 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,331 |
5709, 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 €685,000 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 |
|---|---|---|---|
| €685,000 | £567,392 | £588,723 | £21,331 |
| Property Price € | €685,000 |
| Minimum cost in the last six months | £567,392 |
| Maximum cost in the last six months | £588,723 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,331 |
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 £21,331 more.
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