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Commercial Building in Agia Zoni, Limassol
5682, Cyprus
REF: 933941
€1,475,000
Description
Reference ID: #SA35948Price details: 1,475,000Huge 2floors ( 3 entrances) just renovated building in the center of Limassol. The whole area is 408m2, covered area approx 350m2, plot is 204m2. Title deeds available.Newly renovated with brand new electrical appliances, office furniture, lightning, accessories. 2 kitchens, 4 bathrooms, 4 verandas3 separate main entrances :1. ground floor shop with large panoramic windows overlooking the main street Gladstonos ( two separate rooms, separate kitchen, bathroom )2. huge office space on the first floor ( reception room, 5 separate office rooms, separate kitchen, 1 toilet + 1 toilet/shower, veranda, balcony, separate space for server room and large hall with storage place.3. huge office space on the ground floor ( hall with the storage room, hall that is converted to veranda, reception area, main office room with private veranda, large conference room, bathroom with toilet and shower, separate kitchen, one more spacious conference room) * the whole building is equipped with : Security system cameras Intercoms with cameras Wifi routers and extenders Projector TVs ( 4)Airconditioners with inverters in every room Fully equipped kitchensRoller blinds Garden furnitures Greens and flowers inside and outside Office furniture ( chairs, tables, reception desk, cabinets, build in wardrobes, build in cabinets, whiteboards, storage spaces) Currently functioning as a operating business that includes website, reservation system, registered trade name, professionally created branding and marketing materials. The business has existing clients and regular monthly income. Take over of the whole business is possible when purchasing the property. The property is owned by a holding company exclusively registered for this purpose therefore the buyer can purchase the shares of the company instead of purchasing the property directly and save expenses on transfer fees in the land registry that is approx 5%.
Reference ID: #SA35948Price details: 1,475,000Huge 2floors ( 3 entrances) just renovated building in the center of Limassol. The whole area is 408m2, covered area approx 350m2, plot is 204m2. Title deeds available.Newly renovated with brand new electrical appliances, office furniture, lightning, accessories. 2 kitchens, 4 bathrooms, 4 verandas3 separate main entrances :1. ground floor shop with large panoramic windows overlooking the main street Gladstonos ( two separate rooms, separate kitchen, bathroom )2. huge office space on the first floor ( reception room, 5 separate office rooms, separate kitchen, 1 toilet + 1 toilet/shower, veranda, balcony, separate space for server room and large hall with storage place.3. huge office space on the ground floor ( hall with the storage room, hall that is converted to veranda, reception area, main office room with private veranda, large conference room, bathroom with toilet and shower, separate kitchen, one more spacious conference room) * the whole building is equipped with : Security system cameras Intercoms with cameras Wifi routers and extenders Projector TVs ( 4)Airconditioners with inverters in every room Fully equipped kitchensRoller blinds Garden furnitures Greens and flowers inside and outside Office furniture ( chairs, tables, reception desk, cabinets, build in wardrobes, build in cabinets, whiteboards, storage spaces) Currently functioning as a operating business that includes website, reservation system, registered trade name, professionally created branding and marketing materials. The business has existing clients and regular monthly income. Take over of the whole business is possible when purchasing the property. The property is owned by a holding company exclusively registered for this purpose therefore the buyer can purchase the shares of the company instead of purchasing the property directly and save expenses on transfer fees in the land registry that is approx 5%.
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Property on Map
Currency Exchange
5682, 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 €1,475,000 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 |
|---|---|---|---|
| €1,475,000 | £1,217,539 | £1,280,433 | £62,894 |
| Property Price € | €1,475,000 |
| Minimum cost in the last six months | £1,217,539 |
| Maximum cost in the last six months | £1,280,433 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £62,894 |
5682, 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 €1,475,000 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 |
|---|---|---|---|
| €1,475,000 | £1,217,539 | £1,280,433 | £62,894 |
| Property Price € | €1,475,000 |
| Minimum cost in the last six months | £1,217,539 |
| Maximum cost in the last six months | £1,280,433 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £62,894 |
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 £62,894 more.
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