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Building, For Sale, Limassol, Agia Napa
Agia Napa, Cyprus
REF: 766688
€2,300,000
Description
This building is in the centre of the Historical town and 300m² to the beach road.consisting of 5 floors:A basement parking area which is 380m² and not included in the covered area stated.The ground floor has 3 maisonettes, with 113m², 111m², 82m²Mezzanine has 1 apartment 107m²First floor 3 apartments, 96m²,59m², 162m².2nd floor 3 apartments 96m², 43m², 152m² and uncovered veranda of 10m²The roof has a further apartment of 60m²A functional building which is fully rented.Lift to all floors, gated entry access.Fully furnished and equipped.Separate title deeds for each apartment.
This building is in the centre of the Historical town and 300m² to the beach road.consisting of 5 floors:A basement parking area which is 380m² and not included in the covered area stated.The ground floor has 3 maisonettes, with 113m², 111m², 82m²Mezzanine has 1 apartment 107m²First floor 3 apartments, 96m²,59m², 162m².2nd floor 3 apartments 96m², 43m², 152m² and uncovered veranda of 10m²The roof has a further apartment of 60m²A functional building which is fully rented.Lift to all floors, gated entry access.Fully furnished and equipped.Separate title deeds for each apartment.
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Currency Exchange
Agia Napa, 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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,956,587 | £2,016,042 | £59,455 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,956,587 |
| Maximum cost in the last six months | £2,016,042 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,455 |
Agia Napa, 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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,956,587 | £2,016,042 | £59,455 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,956,587 |
| Maximum cost in the last six months | £2,016,042 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,455 |
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 £59,455 more.
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