Building, For Sale, Nicosia, Walled Old City

Walled Old City, Cyprus

For Sale

€1,475,000

REF: 767986 €1,475,000


Description

Whole six-storey building with a basement in Agios Antonios, Nicosia for Location €¢ Centrally located close to all amenities and services. Building Characteristics €¢ The property built up around the 1980 and its maintenance and condition, considered as good. €¢ Corner-plot of 545sq.m. Internal Characteristics €¢ The ground floor consists of an open plan area of 169sq.m, with a W.C, and a mezzanine of 81sq.m with two W.C.s and a kitchenette.

€¢ There is access by a lift and staircase which connects the ground floor with the mezzanine and 1st-floor office. €¢ First floor. It consists of an office space of 176sq.m. with 2 W.C.s a kitchenette and covered verandas of 17sq.m.  €¢ Second floor. It consists of another office space of 176sq.m, comprising of separated office spaces, 2 W.C.s, a kitchenette and covered verandas of 17sq.m.

€¢ On the 3rd floor, there is an office space of 176sq.m. and covered verandas of 17sq.m., separated office spaces, 2 W.Cs and a kitchenette as well. €¢ On the 4th floor, there is an office space of 176sq.m. and covered verandas of 17sq.m. comprising of separated office spaces, 2 W.C.s and a kitchenette.

€¢ Finally, on the 5th floor there is an office space of 174 sqm and uncovered verandas of 18sq.m., comprising of separated office spaces, 2 toilets and a small kitchen. €¢ The total area of the building is 1,135sq.m. €¢ Additionally, the building offers in total 17 covered parking spaces. Advantages - Special Features €¢ High demanded location. (The Nicosia capital commercial center) €¢ Large separate floor offices. €¢ Separate title deed for each floor.  
Whole six-storey building with a basement in Agios Antonios, Nicosia for Location €¢ Centrally located close to all amenities and services. Building Characteristics €¢ The property built up around the 1980 and its maintenance and condition, considered as good. €¢ Corner-plot of 545sq.m. Internal Characteristics €¢ The ground floor consists of an open plan area of 169sq.m, with a W.C, and a mezzanine of 81sq.m with two W.C.s and a kitchenette.

€¢ There is access by a lift and staircase which connects the ground floor with the mezzanine and 1st-floor office. €¢ First floor. It consists of an office space of 176sq.m. with 2 W.C.s a kitchenette and covered verandas of 17sq.m.  €¢ Second floor. It consists of another office space of 176sq.m, comprising of separated office spaces, 2 W.C.s, a kitchenette and covered verandas of 17sq.m.

€¢ On the 3rd floor, there is an office space of 176sq.m. and covered verandas of 17sq.m., separated office spaces, 2 W.Cs and a kitchenette as well. €¢ On the 4th floor, there is an office space of 176sq.m. and covered verandas of 17sq.m. comprising of separated office spaces, 2 W.C.s and a kitchenette.

€¢ Finally, on the 5th floor there is an office space of 174 sqm and uncovered verandas of 18sq.m., comprising of separated office spaces, 2 toilets and a small kitchen. €¢ The total area of the building is 1,135sq.m. €¢ Additionally, the building offers in total 17 covered parking spaces. Advantages - Special Features €¢ High demanded location. (The Nicosia capital commercial center) €¢ Large separate floor offices. €¢ Separate title deed for each floor.  
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Property on Map

#26044

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 €1,475,000 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
€1,475,000 £1,221,757 £1,267,689 £45,932
Property Price € €1,475,000
Minimum cost in the last six months £1,221,757
Maximum cost in the last six months £1,267,689
Fluctuating exchange rates over the last six months could have increased the cost of this property by £45,932

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 €1,475,000 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
€1,475,000 £1,221,757 £1,267,689 £45,932
Property Price € €1,475,000
Minimum cost in the last six months £1,221,757
Maximum cost in the last six months £1,267,689
Fluctuating exchange rates over the last six months could have increased the cost of this property by £45,932

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 £45,932 more.

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