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Building in Agios Spyridonas, Limassol
5794, Cyprus
REF: 876682
€300,000
Description
Reference ID: #SA34969Price details: 300,000Semi-detached residential building (Ground & Upper floor house) in a quiet and beautiful area, in Agios Spiridon quarter of Limassol district. The property is ideally located, across from a green area, close to most services and amenities such as schools, banks, supermarkets, shops, etc. In addition, it has excellent access to the Casino (City of Dreams) as well as the city s Port. The location of the property is considered excellent and it has increased demand for residential properties due to its attractiveness and accessibility.The building has 2 floors, the ground floor was built in circa 1969 while the upper floor was built in circa 1989.The ground floor house consists of a living room with a fireplace, a living room with a dining room, a kitchen, three bedrooms, a common WC and a WC with a bathroom. The interior area is approximately 110 sq.m., covered verandas are approximately 15 sq.m. and uncovered verandas of approximately 5 sq.m.The upper floor house consists of a living room with a fireplace, a living room with a dining room, a kitchen, three bedrooms, a common toilet and a toilet with a bathroom. The interior area is approximately 105 sq.m. and covered verandas of approximately 20 sq.m.Externally, it consists of a covered parking and it is fenced.It is noted that the property has acquired a distribution agreement which is specified with red color (part A) on the attached drawing. The building corresponds to the 1/2 share of the property and it is located on the southeastern part of the plot with a land area of 254 sq.m. (approx.).The building is vacant and it is suitable for private use or for rental use with a good return.
Reference ID: #SA34969Price details: 300,000Semi-detached residential building (Ground & Upper floor house) in a quiet and beautiful area, in Agios Spiridon quarter of Limassol district. The property is ideally located, across from a green area, close to most services and amenities such as schools, banks, supermarkets, shops, etc. In addition, it has excellent access to the Casino (City of Dreams) as well as the city s Port. The location of the property is considered excellent and it has increased demand for residential properties due to its attractiveness and accessibility.The building has 2 floors, the ground floor was built in circa 1969 while the upper floor was built in circa 1989.The ground floor house consists of a living room with a fireplace, a living room with a dining room, a kitchen, three bedrooms, a common WC and a WC with a bathroom. The interior area is approximately 110 sq.m., covered verandas are approximately 15 sq.m. and uncovered verandas of approximately 5 sq.m.The upper floor house consists of a living room with a fireplace, a living room with a dining room, a kitchen, three bedrooms, a common toilet and a toilet with a bathroom. The interior area is approximately 105 sq.m. and covered verandas of approximately 20 sq.m.Externally, it consists of a covered parking and it is fenced.It is noted that the property has acquired a distribution agreement which is specified with red color (part A) on the attached drawing. The building corresponds to the 1/2 share of the property and it is located on the southeastern part of the plot with a land area of 254 sq.m. (approx.).The building is vacant and it is suitable for private use or for rental use with a good return.
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Currency Exchange
5794, 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 €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 |
|---|---|---|---|
| €300,000 | £247,635 | £260,427 | £12,792 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £247,635 |
| Maximum cost in the last six months | £260,427 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,792 |
5794, 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 €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 |
|---|---|---|---|
| €300,000 | £247,635 | £260,427 | £12,792 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £247,635 |
| Maximum cost in the last six months | £260,427 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,792 |
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 £12,792 more.
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