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Retail, For Sale, Paphos, Tombs Of the Kings
Tombs Of the Kings, Cyprus
REF: 914069
€135,000
Description
Retail shop with frontage on Tombs of the Kings avenue, Paphos, with a separate title deed in place. Located on the eastern side of the ground floor of a complex offers a prime retail or commercial opportunity within a vibrant mixed-use building that includes 6 shops and 3 residential flats (a total of 9 units). This spacious unit features an open-plan layout on the ground floor, perfect for various business types, along with an integrated kitchen area. Access to the mezzanine level is conveniently provided via external staircases and offers additional functional space, including modern amenities such as toilets, a shower, and a comfortable sitting area, ideal for staff or customer use. The property is perfectly positioned to attract foot traffic and clientele, making it a versatile and desirable space for businesses seeking exposure in a bustling location. The property falls within a duel Zone Κα7(77%), with a building coefficient of 80%, coverage of 45%, and permission for 2 floors (10m) of construction and Zone Εβ(23%) , with a building coefficient of 0%, coverage of 0%, and permission for 0 floors (0m) of construction.
Retail shop with frontage on Tombs of the Kings avenue, Paphos, with a separate title deed in place. Located on the eastern side of the ground floor of a complex offers a prime retail or commercial opportunity within a vibrant mixed-use building that includes 6 shops and 3 residential flats (a total of 9 units). This spacious unit features an open-plan layout on the ground floor, perfect for various business types, along with an integrated kitchen area. Access to the mezzanine level is conveniently provided via external staircases and offers additional functional space, including modern amenities such as toilets, a shower, and a comfortable sitting area, ideal for staff or customer use. The property is perfectly positioned to attract foot traffic and clientele, making it a versatile and desirable space for businesses seeking exposure in a bustling location. The property falls within a duel Zone Κα7(77%), with a building coefficient of 80%, coverage of 45%, and permission for 2 floors (10m) of construction and Zone Εβ(23%) , with a building coefficient of 0%, coverage of 0%, and permission for 0 floors (0m) of construction.
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Currency Exchange
Tombs Of the Kings, 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 €135,000 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 |
|---|---|---|---|
| €135,000 | £111,227 | £116,026 | £4,799 |
| Property Price € | €135,000 |
| Minimum cost in the last six months | £111,227 |
| Maximum cost in the last six months | £116,026 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,799 |
Tombs Of the Kings, 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 €135,000 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 |
|---|---|---|---|
| €135,000 | £111,227 | £116,026 | £4,799 |
| Property Price € | €135,000 |
| Minimum cost in the last six months | £111,227 |
| Maximum cost in the last six months | £116,026 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,799 |
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 £4,799 more.
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