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Commercial Building in Zakaki, Limassol
5699, Cyprus
REF: 679964
€22,000,000
Description
Reference ID: #SA30690Price details: 22,000,000 +VATProject is a state-of-the-art commercial building in Zakaki, a thriving business and residential area in the west part of cosmopolitan Limassol.Zakaki, located in the western part of Limassol, is the city s newest thriving area both in business and as a residential destination. A rapidly developing area with a well-developed infrastructure and excellent investment potential, this area is home to some of the country s most important developments. City of Dreams Mediterranean, Europe s largest integrated resort casino, developed here, is set to open in 2021 while one of Cyprus s biggest malls is located in the area.Arm s reach to the portAn exciting and thriving business centreHome to huge real estate developmentsHome to businesses and multinationals of global importancePrestigious commercial address in the western part of LimassolEasy access to the highway and city centre within 10 minutesClose proximity to all the necessary amenities including Casino, MY MALL shopping centreWalking distance to the New port and Ladie s mile beachBuilding boasts 7 floors, all offering open-space offices with stunning views. The building s impressive roof terrace is ideal for office entertaining and as a multi-function venue.Fully completed finishings Marble floors and walls in toilets & bathrooms High ceilingsProvision for VRV systemDouble glazed thermal aluminium window framesHigh-quality built-in office cabinets from ItalyPLUS V.A.T
Reference ID: #SA30690Price details: 22,000,000 +VATProject is a state-of-the-art commercial building in Zakaki, a thriving business and residential area in the west part of cosmopolitan Limassol.Zakaki, located in the western part of Limassol, is the city s newest thriving area both in business and as a residential destination. A rapidly developing area with a well-developed infrastructure and excellent investment potential, this area is home to some of the country s most important developments. City of Dreams Mediterranean, Europe s largest integrated resort casino, developed here, is set to open in 2021 while one of Cyprus s biggest malls is located in the area.Arm s reach to the portAn exciting and thriving business centreHome to huge real estate developmentsHome to businesses and multinationals of global importancePrestigious commercial address in the western part of LimassolEasy access to the highway and city centre within 10 minutesClose proximity to all the necessary amenities including Casino, MY MALL shopping centreWalking distance to the New port and Ladie s mile beachBuilding boasts 7 floors, all offering open-space offices with stunning views. The building s impressive roof terrace is ideal for office entertaining and as a multi-function venue.Fully completed finishings Marble floors and walls in toilets & bathrooms High ceilingsProvision for VRV systemDouble glazed thermal aluminium window framesHigh-quality built-in office cabinets from ItalyPLUS V.A.T
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Property on Map
Currency Exchange
5699, 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 €22,000,000 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 |
|---|---|---|---|
| €22,000,000 | £18,301,360 | £18,933,640 | £632,280 |
| Property Price € | €22,000,000 |
| Minimum cost in the last six months | £18,301,360 |
| Maximum cost in the last six months | £18,933,640 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £632,280 |
5699, 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 €22,000,000 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 |
|---|---|---|---|
| €22,000,000 | £18,301,360 | £18,933,640 | £632,280 |
| Property Price € | €22,000,000 |
| Minimum cost in the last six months | £18,301,360 |
| Maximum cost in the last six months | £18,933,640 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £632,280 |
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 £632,280 more.
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