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Building, For Sale, Limassol, Moniatis
Moniatis, Cyprus
REF: 769272
€1,200,000
Description
AN EXCLUSIVE LISTING OFFERED ONLY BY FOX - A HERITAGE HOSPITALITY VENUE AVAILABLE FOR PURCHASE -SAITTAS, LIMASSOL, CYPRUSThis Exclusive Guest House and Restaurant is located on two and a half acres of forested land at Saittas Limassol This heritage property is a former coach house dating from 1834 and lovingly restored in 1995. The property is uniquely located 650 metres above sea level at the Saittas entrance to the Mesapotamos Forest. It gives ideal access to hikers mountain bikers and tourists to the forest and is famed for one of the healthiest climates in Cyprus. It has long been a resort for people seeking rest and recuperation from respiratory conditions - as well as being a most convenient base from which to explore Platres Troodos, Mesapotamos, the Caledonia Falls and many of the islands most beautiful nature trails. The property itself consists of 13 twin I double rooms (of which two a re-connecting family rooms with en-suite bathrooms a large kitchen, utility rooms,a bar, a large restaurant, an extensive outdoor seating space and ample parking. It is centrally heated and air-conditioned and fully licenced . It is peacefully secluded above the river, amongst mature pines - but easily accessed from the main Limassol-Platres road at Moniatis, just half an hour's drive from Limassol.
AN EXCLUSIVE LISTING OFFERED ONLY BY FOX - A HERITAGE HOSPITALITY VENUE AVAILABLE FOR PURCHASE -SAITTAS, LIMASSOL, CYPRUSThis Exclusive Guest House and Restaurant is located on two and a half acres of forested land at Saittas Limassol This heritage property is a former coach house dating from 1834 and lovingly restored in 1995. The property is uniquely located 650 metres above sea level at the Saittas entrance to the Mesapotamos Forest. It gives ideal access to hikers mountain bikers and tourists to the forest and is famed for one of the healthiest climates in Cyprus. It has long been a resort for people seeking rest and recuperation from respiratory conditions - as well as being a most convenient base from which to explore Platres Troodos, Mesapotamos, the Caledonia Falls and many of the islands most beautiful nature trails. The property itself consists of 13 twin I double rooms (of which two a re-connecting family rooms with en-suite bathrooms a large kitchen, utility rooms,a bar, a large restaurant, an extensive outdoor seating space and ample parking. It is centrally heated and air-conditioned and fully licenced . It is peacefully secluded above the river, amongst mature pines - but easily accessed from the main Limassol-Platres road at Moniatis, just half an hour's drive from Limassol.
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Currency Exchange
Moniatis, 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 | £1,031,340 | £42,660 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,660 |
Moniatis, 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 | £1,031,340 | £42,660 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,660 |
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 £42,660 more.
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