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Building, For Sale, Paphos, Anavargos
Anavargos, Cyprus
REF: 768044
€1,200,000
Description
New building at a centre point in Paphos with an easy access to the Motorway going to Limasol or Nicosia but also the road going to Polis area. It is ideal for business offices and constructed with a technique to change areas to satisfyany company. It has two accesses since it is attached to two different roads,given a tenants an easy access. The building is consist of ground floor +_235sqm with entrance model hall, the first floor +- 255sqm with 4 offices and the second floor with 4 offices which can be easy become 3-4 apartments in each of the floor. Also has roof garden and bar +-161sqm which has magnificent view of Paphos but also a sea and mountain view and that can be serve and used as a café lounge bar. The building has provision for lift, 8 covered parkings and 7 storage rooms.5
New building at a centre point in Paphos with an easy access to the Motorway going to Limasol or Nicosia but also the road going to Polis area. It is ideal for business offices and constructed with a technique to change areas to satisfyany company. It has two accesses since it is attached to two different roads,given a tenants an easy access. The building is consist of ground floor +_235sqm with entrance model hall, the first floor +- 255sqm with 4 offices and the second floor with 4 offices which can be easy become 3-4 apartments in each of the floor. Also has roof garden and bar +-161sqm which has magnificent view of Paphos but also a sea and mountain view and that can be serve and used as a café lounge bar. The building has provision for lift, 8 covered parkings and 7 storage rooms.5
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Currency Exchange
Anavargos, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,017,720 | £29,040 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,017,720 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,040 |
Anavargos, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,017,720 | £29,040 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,017,720 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,040 |
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 £29,040 more.
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