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Building, For Sale, Paphos, Polis Chrysochous
Polis Chrysochous, Cyprus
REF: 772838
€495,000
Description
Residential/Commercial Complex in Poli Chrysochous, Paphos. The building consists of 4 shops and 7 apartments. The ground floor consisted of 4 shops. Each one is comprised of a main retail area and a mezzanine with a toilet with shower. On the mezzanine level of the property there is a two bedroom apartment comprising of an open plan kitchen and living/dining area, two bedrooms, one bathroom and a veranda. On the 1st floor there are three apartments, which consists of two one-bedroom apartments comprising of an open plan kitchen and living/dining area, one bedroom, bathroom and veranda. The third apartment has two bedroom comprising of an open plan kitchen and living/dining area, bathroom and veranda. On the 2nd floor there are three apartments. Two one-bedroom apartments comprising of an open plan kitchen and living/dining area, one bedroom, bathroom and veranda. The third apartment has two bedrooms comprising of an open plan kitchen and living/dining area, bathrooms and veranda. The basement area of approximately 345sqm, consists of parking spaces, store room and W/C.
Residential/Commercial Complex in Poli Chrysochous, Paphos. The building consists of 4 shops and 7 apartments. The ground floor consisted of 4 shops. Each one is comprised of a main retail area and a mezzanine with a toilet with shower. On the mezzanine level of the property there is a two bedroom apartment comprising of an open plan kitchen and living/dining area, two bedrooms, one bathroom and a veranda. On the 1st floor there are three apartments, which consists of two one-bedroom apartments comprising of an open plan kitchen and living/dining area, one bedroom, bathroom and veranda. The third apartment has two bedroom comprising of an open plan kitchen and living/dining area, bathroom and veranda. On the 2nd floor there are three apartments. Two one-bedroom apartments comprising of an open plan kitchen and living/dining area, one bedroom, bathroom and veranda. The third apartment has two bedrooms comprising of an open plan kitchen and living/dining area, bathrooms and veranda. The basement area of approximately 345sqm, consists of parking spaces, store room and W/C.
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Currency Exchange
Polis Chrysochous, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £410,013 | £425,428 | £15,414 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £410,013 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,414 |
Polis Chrysochous, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £410,013 | £425,428 | £15,414 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £410,013 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,414 |
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 £15,414 more.
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