Commercial Office in Petrou kai Pavlou, Limassol

5695, Cyprus

For Sale

€1,300,000

REF: 792135 €1,300,000


176 m2

Description

Reference ID: #SA33499Price details: 1,300,000Upgraded flooring: raised floor porcelain ceramics were special order from italy VRV A/C: VRV system plus Fresh Air and electronic control panels. plus two independent server room 24k BTU units. All Daikan CAT 6: Fitted with high speed networking Cat6 structure cabling 20 Sq m: outdoor veranda has provision for cabling and electrics to become additional work area to support an expanding office Lighting: High quality recessed italian designer spot lights and LED fittings Energy Efficient: All glazing are high spec double laminated for sound and energy efficient for cooling/heating.

The building is North facing keeping the building cooler in the long summer periodsDedicated server room: upgraded electrical distributor box for ups (10kva+) ready for integration in server room Outdoor Balconies: Private covered balcony Security and Entry Systems: Secirity with external monitoring system plus video entry access system, plus thermal and temperature sensors throughout.Secured undergoround parking: the office offers two easy access parking bays located in the basement with automatic security garage doors Top Floor location: The positions of the office within the buidings location offers unimterrupted views of the sea to the south and mountain views to the north.

Altogether offering a very open spacious and pleasant ambience Income Security: 10 year lease to exceptional tenant covenants providing unmatched income security with a yield of 5%
Reference ID: #SA33499Price details: 1,300,000Upgraded flooring: raised floor porcelain ceramics were special order from italy VRV A/C: VRV system plus Fresh Air and electronic control panels. plus two independent server room 24k BTU units. All Daikan CAT 6: Fitted with high speed networking Cat6 structure cabling 20 Sq m: outdoor veranda has provision for cabling and electrics to become additional work area to support an expanding office Lighting: High quality recessed italian designer spot lights and LED fittings Energy Efficient: All glazing are high spec double laminated for sound and energy efficient for cooling/heating.

The building is North facing keeping the building cooler in the long summer periodsDedicated server room: upgraded electrical distributor box for ups (10kva+) ready for integration in server room Outdoor Balconies: Private covered balcony Security and Entry Systems: Secirity with external monitoring system plus video entry access system, plus thermal and temperature sensors throughout.Secured undergoround parking: the office offers two easy access parking bays located in the basement with automatic security garage doors Top Floor location: The positions of the office within the buidings location offers unimterrupted views of the sea to the south and mountain views to the north.

Altogether offering a very open spacious and pleasant ambience Income Security: 10 year lease to exceptional tenant covenants providing unmatched income security with a yield of 5%
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Property on Map

#SA33499

Currency Exchange

5695, 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 €1,300,000 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
€1,300,000 £1,076,803 £1,117,285 £40,482
Property Price € €1,300,000
Minimum cost in the last six months £1,076,803
Maximum cost in the last six months £1,117,285
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,482

5695, 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 €1,300,000 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
€1,300,000 £1,076,803 £1,117,285 £40,482
Property Price € €1,300,000
Minimum cost in the last six months £1,076,803
Maximum cost in the last six months £1,117,285
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,482

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 £40,482 more.

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