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Commercial Building in Agios Athanasios, Limassol
5207, Cyprus
REF: 787748
€14,300,000
Description
Reference ID: #SA33365Price details: 14,300,000 +VATBuilding located in Agios Athanasios, the corner of the business area of the city, in the close proximity to the High-way and other significant related infrastructures such as, prestigious business centers, banks and high-class restaurants which are ideal for important professional business meetings.A place of work for a minimum of 150 people.The facade offers full-height panoramic windows placed around the building to enjoy 360-degree exquisite surroundings.The whole building is equipped with a modern VRV-conditioning system and a smart office system designed for commercial buildings.Under surveillance 24 hours a day. Private security team monitors the premises, with the assistance of advanced CCT footage.Automated Solar Park powering the Common Areas, Lifts and LightsAvailable for sale whole building.Commercial SpacesEvery floor (4 floors + Rooftop) has covered area around 250sqm.Parking 690sqm (mezzanine)35 Covered ParkingBasement 690sqmLobby 690sqmRooftop VerandaPanoramic viewsClass A StandardThe building is rented with income of 1million + VAT per year (annual yield 7%)
Reference ID: #SA33365Price details: 14,300,000 +VATBuilding located in Agios Athanasios, the corner of the business area of the city, in the close proximity to the High-way and other significant related infrastructures such as, prestigious business centers, banks and high-class restaurants which are ideal for important professional business meetings.A place of work for a minimum of 150 people.The facade offers full-height panoramic windows placed around the building to enjoy 360-degree exquisite surroundings.The whole building is equipped with a modern VRV-conditioning system and a smart office system designed for commercial buildings.Under surveillance 24 hours a day. Private security team monitors the premises, with the assistance of advanced CCT footage.Automated Solar Park powering the Common Areas, Lifts and LightsAvailable for sale whole building.Commercial SpacesEvery floor (4 floors + Rooftop) has covered area around 250sqm.Parking 690sqm (mezzanine)35 Covered ParkingBasement 690sqmLobby 690sqmRooftop VerandaPanoramic viewsClass A StandardThe building is rented with income of 1million + VAT per year (annual yield 7%)
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Currency Exchange
5207, 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 €14,300,000 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 |
|---|---|---|---|
| €14,300,000 | £11,844,833 | £12,290,135 | £445,302 |
| Property Price € | €14,300,000 |
| Minimum cost in the last six months | £11,844,833 |
| Maximum cost in the last six months | £12,290,135 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £445,302 |
5207, 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 €14,300,000 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 |
|---|---|---|---|
| €14,300,000 | £11,844,833 | £12,290,135 | £445,302 |
| Property Price € | €14,300,000 |
| Minimum cost in the last six months | £11,844,833 |
| Maximum cost in the last six months | £12,290,135 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £445,302 |
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 £445,302 more.
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