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Building, For Sale, Nicosia, Ag
Ag. Antonios, Cyprus
REF: 766975
€5,000,000
Description
Location €¢ The building is located on Digeni Akrita Avenue near the Agios Antonios Îœarket. €¢ It is on a busy commercial Avenue. External Features €¢ It has big frontage on the avenue, it adjoins two streets and a pedestrian street. €¢ There are several parking spaces both in front of the building and on neighboring streets. Internal Characteristics €¢ On the ground floor, there is a store with a mezzanine, which is ed by the Bank of Cyprus. €¢ There are three additional floors of offices. Each floor constitutes open plan office space, whole floor office space. €¢ Ground floor of 496sq.m. €¢ Mezzanine of 202sq.m. €¢ 1st floor: Internal area of 452sq.m, covered veranda of 14 sq.m. €¢ 2nd floor: Internal area of 425sq.m, covered veranda of 14sq.m. €¢ 3rd floor: Internal area of 425sq.m, covered veranda of 36sq.m. Advantages Special Features €¢ The building located on a busy commercial road in the business center of Nicosia. €¢ Close to all amenities and services. €¢ At the front of the building and at the sight roads there is enough parking space for visitors and staff.
Location €¢ The building is located on Digeni Akrita Avenue near the Agios Antonios Îœarket. €¢ It is on a busy commercial Avenue. External Features €¢ It has big frontage on the avenue, it adjoins two streets and a pedestrian street. €¢ There are several parking spaces both in front of the building and on neighboring streets. Internal Characteristics €¢ On the ground floor, there is a store with a mezzanine, which is ed by the Bank of Cyprus. €¢ There are three additional floors of offices. Each floor constitutes open plan office space, whole floor office space. €¢ Ground floor of 496sq.m. €¢ Mezzanine of 202sq.m. €¢ 1st floor: Internal area of 452sq.m, covered veranda of 14 sq.m. €¢ 2nd floor: Internal area of 425sq.m, covered veranda of 14sq.m. €¢ 3rd floor: Internal area of 425sq.m, covered veranda of 36sq.m. Advantages Special Features €¢ The building located on a busy commercial road in the business center of Nicosia. €¢ Close to all amenities and services. €¢ At the front of the building and at the sight roads there is enough parking space for visitors and staff.
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Currency Exchange
Ag. Antonios, 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 €5,000,000 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 |
|---|---|---|---|
| €5,000,000 | £4,126,800 | £4,340,450 | £213,650 |
| Property Price € | €5,000,000 |
| Minimum cost in the last six months | £4,126,800 |
| Maximum cost in the last six months | £4,340,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £213,650 |
Ag. Antonios, 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 €5,000,000 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 |
|---|---|---|---|
| €5,000,000 | £4,126,800 | £4,340,450 | £213,650 |
| Property Price € | €5,000,000 |
| Minimum cost in the last six months | £4,126,800 |
| Maximum cost in the last six months | £4,340,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £213,650 |
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 £213,650 more.
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