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ROI Assets Commercial in Agios Athanasios, Limassol
5207, Cyprus
REF: 935118
€1,750,000
Description
Reference ID: #SA35958Price details: 1,750,000 +VATOpen plan Sea View Offices available for sale on one of the most prime locations in Limassol, gated in Agios Athanasios, Limassol district.Currently long term rented to a solid international company with a 5,6% ROIThe office belongs to a secured prestigious, relatively new boutique small Business Centre with reception at the lobby, situated in one of the most popular and prestigious streets for offices and retail with fast access to the highway and only 5 minutes driving distance to the coastline.It is an open plan space area with 4 covered verandas around the offices, 2 w/c`s, a kitchenette, and server space. Three parking spaces in the basement.Included raised floors air conditioning Three Parking spaces covered Construction year 2022Energy Efficiency AFourth floor / whole floor / Sea view / Mountain viewClean Title deed in place Office is currently rented long term with 5.6% ROI
Reference ID: #SA35958Price details: 1,750,000 +VATOpen plan Sea View Offices available for sale on one of the most prime locations in Limassol, gated in Agios Athanasios, Limassol district.Currently long term rented to a solid international company with a 5,6% ROIThe office belongs to a secured prestigious, relatively new boutique small Business Centre with reception at the lobby, situated in one of the most popular and prestigious streets for offices and retail with fast access to the highway and only 5 minutes driving distance to the coastline.It is an open plan space area with 4 covered verandas around the offices, 2 w/c`s, a kitchenette, and server space. Three parking spaces in the basement.Included raised floors air conditioning Three Parking spaces covered Construction year 2022Energy Efficiency AFourth floor / whole floor / Sea view / Mountain viewClean Title deed in place Office is currently rented long term with 5.6% ROI
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Currency Exchange
5207, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,444,538 | £1,519,158 | £74,620 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,444,538 |
| Maximum cost in the last six months | £1,519,158 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £74,620 |
5207, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,444,538 | £1,519,158 | £74,620 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,444,538 |
| Maximum cost in the last six months | £1,519,158 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £74,620 |
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 £74,620 more.
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