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Commercial Warehouse in Tremithousa, Paphos
5424, Cyprus
REF: 762382
€1,050,000
Description
Reference ID: #SA33066Price details: 1,050,000The property concerns an industrial unit/factory in Tremithousa.It is located 600m from the center of the village and 800m from Mesogis avenue.The unit consists of a ground floor, a mezzanine and a first floor with a total covered area of 1,615sqm.The ground floor consists of a bakery area, a packing plant, a kitchen, cleaning area and offices, with covered area of 725sqm.The mezzanine consists of storage rooms, offices and a meeting room, with covered area of 240sqm.The first floor comprises of a patisserie area, a dining room, storage rooms, an oven, three refrigerators, a kitchen, men/women locker rooms and toilets, with covered area of 650sqm.Externally there is a parking space.The property offers close proximity to all amenities and easy access to Paphos center.
Reference ID: #SA33066Price details: 1,050,000The property concerns an industrial unit/factory in Tremithousa.It is located 600m from the center of the village and 800m from Mesogis avenue.The unit consists of a ground floor, a mezzanine and a first floor with a total covered area of 1,615sqm.The ground floor consists of a bakery area, a packing plant, a kitchen, cleaning area and offices, with covered area of 725sqm.The mezzanine consists of storage rooms, offices and a meeting room, with covered area of 240sqm.The first floor comprises of a patisserie area, a dining room, storage rooms, an oven, three refrigerators, a kitchen, men/women locker rooms and toilets, with covered area of 650sqm.Externally there is a parking space.The property offers close proximity to all amenities and easy access to Paphos center.
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Currency Exchange
5424, 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 €1,050,000 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 |
|---|---|---|---|
| €1,050,000 | £869,726 | £902,423 | £32,697 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £869,726 |
| Maximum cost in the last six months | £902,423 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,697 |
5424, 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 €1,050,000 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 |
|---|---|---|---|
| €1,050,000 | £869,726 | £902,423 | £32,697 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £869,726 |
| Maximum cost in the last six months | £902,423 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,697 |
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 £32,697 more.
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