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Building, For Sale, Paphos, Geroskipou
Geroskipou, Cyprus
REF: 770566
€650,000
Description
Building for sale in Paphos - Geroskipou 12 rooms plus reception and rest room areas. Top floor details: 2 large rooms x 45 msq apprx3 additional rooms 20 msq. apprx1 wc 2 storage rooms Ground Floor Details:Kitchenette Storage room 1 main wc - disable access provision 3 wc separate with 2 sinks 7 separated rooms 10 - 20msq apprx Pro hall - reception 50msq apprx. The plot is 1850 msq within residential zone Ka7 - 80% BD - 45% Our options -ideas - suggestions: This amazing build is offered for sale and it could be ideal for a) investment b) your house c) your business.a) Rental possibility with a very high return as this can be a nursery - kinder garden - tutorial, yoga classes, offices and many more options.b) With a total covered area of 374 msq and plenty of storage space plus possibility to convert some areas into bathrooms - wc - jaccuzzi You can place a pool and still have enough external area for your garden.c) The building is separated already in a total of 12 rooms which can be classes - offices - for various business. Provision for AC Units Roof GardenSea viewsLarge PlotThere is an additional area of 1000 + msq to build another house if you wish. Ideal and quiet location - Close to amenities and services - three minutes drive to the beach - three minutes drive into the town. Close to supermarkets - schools - shops - banks - restaurants - hotels. Call us for more info and to arrange a viewing.
Building for sale in Paphos - Geroskipou 12 rooms plus reception and rest room areas. Top floor details: 2 large rooms x 45 msq apprx3 additional rooms 20 msq. apprx1 wc 2 storage rooms Ground Floor Details:Kitchenette Storage room 1 main wc - disable access provision 3 wc separate with 2 sinks 7 separated rooms 10 - 20msq apprx Pro hall - reception 50msq apprx. The plot is 1850 msq within residential zone Ka7 - 80% BD - 45% Our options -ideas - suggestions: This amazing build is offered for sale and it could be ideal for a) investment b) your house c) your business.a) Rental possibility with a very high return as this can be a nursery - kinder garden - tutorial, yoga classes, offices and many more options.b) With a total covered area of 374 msq and plenty of storage space plus possibility to convert some areas into bathrooms - wc - jaccuzzi You can place a pool and still have enough external area for your garden.c) The building is separated already in a total of 12 rooms which can be classes - offices - for various business. Provision for AC Units Roof GardenSea viewsLarge PlotThere is an additional area of 1000 + msq to build another house if you wish. Ideal and quiet location - Close to amenities and services - three minutes drive to the beach - three minutes drive into the town. Close to supermarkets - schools - shops - banks - restaurants - hotels. Call us for more info and to arrange a viewing.
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Currency Exchange
Geroskipou, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £552,949 | £567,548 | £14,599 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £552,949 |
| Maximum cost in the last six months | £567,548 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,599 |
Geroskipou, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £552,949 | £567,548 | £14,599 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £552,949 |
| Maximum cost in the last six months | £567,548 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,599 |
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 £14,599 more.
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