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Retail, For Sale, Nicosia, Walled Old City
Walled Old City, Cyprus
REF: 765133
€925,000
Description
The building benefits from its excellent location suitable to a number of professionals, especially to the service sector ones who work within the city center. A fully refurbished building that provides flexibility on use and space utilization within, offering multiple opportunities to a buyer or tenant. It includes basement, the shops on the ground floor and six floors above. Each floor can be arranged as a single or double office space. Parking at the ground floor and basement entrance and exit has electric gates and its secured. There are also municipal parking spaces for long term parking available within walking distance to the building. Note that the first floor office including finishes installation and partitions to 50% of the space. Note also that the third and sixth floor including finishes installation and partitions to the entire floor area. 20% of contract value on signing the contract of and 80% on handover of premises. Available also all office floors for except the 5th floor. First floor total covered area is 343m2, second floor total covered area is 341m2, third floor total covered area is 268m2, fourth floor total covered area is 265m2, sixth floor total covered area is 273m2. Please contact me for more information.
The building benefits from its excellent location suitable to a number of professionals, especially to the service sector ones who work within the city center. A fully refurbished building that provides flexibility on use and space utilization within, offering multiple opportunities to a buyer or tenant. It includes basement, the shops on the ground floor and six floors above. Each floor can be arranged as a single or double office space. Parking at the ground floor and basement entrance and exit has electric gates and its secured. There are also municipal parking spaces for long term parking available within walking distance to the building. Note that the first floor office including finishes installation and partitions to 50% of the space. Note also that the third and sixth floor including finishes installation and partitions to the entire floor area. 20% of contract value on signing the contract of and 80% on handover of premises. Available also all office floors for except the 5th floor. First floor total covered area is 343m2, second floor total covered area is 341m2, third floor total covered area is 268m2, fourth floor total covered area is 265m2, sixth floor total covered area is 273m2. Please contact me for more information.
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Currency Exchange
Walled Old City, 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 €925,000 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 |
|---|---|---|---|
| €925,000 | £766,187 | £794,991 | £28,805 |
| Property Price € | €925,000 |
| Minimum cost in the last six months | £766,187 |
| Maximum cost in the last six months | £794,991 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,805 |
Walled Old City, 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 €925,000 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 |
|---|---|---|---|
| €925,000 | £766,187 | £794,991 | £28,805 |
| Property Price € | €925,000 |
| Minimum cost in the last six months | £766,187 |
| Maximum cost in the last six months | £794,991 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,805 |
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 £28,805 more.
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