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Building, For Sale, Limassol, Germasogeia
Germasogeia, Cyprus
REF: 957982
€23,000,000
Description
For sale is an exceptional off-plan commercial building located in the vibrant area of Germasogeia. Offering a generous internal space of 2626 m2, this property presents a unique opportunity for investors and business owners seeking a prime location in a bustling community. Germasogeia is known for its charming blend of modern amenities and stunning natural surroundings. With close proximity to beautiful beaches and lively local shops, this area attracts both locals and tourists alike. The community is well-connected, making it easy for visitors and customers to access your business. Designed with energy efficiency in mind, this building boasts an impressive energy efficiency rating of A, ensuring lower operational costs while being environmentally friendly. Additional features include an elevator for convenient access to all floors and an unfurnished interior, allowing you to customize the space to fit your vision. Don't miss this opportunity to invest in a strategically located commercial property in one of the most sought-after areas. For more information, contact Fox Realty Limassol/Paphos today.
For sale is an exceptional off-plan commercial building located in the vibrant area of Germasogeia. Offering a generous internal space of 2626 m2, this property presents a unique opportunity for investors and business owners seeking a prime location in a bustling community. Germasogeia is known for its charming blend of modern amenities and stunning natural surroundings. With close proximity to beautiful beaches and lively local shops, this area attracts both locals and tourists alike. The community is well-connected, making it easy for visitors and customers to access your business. Designed with energy efficiency in mind, this building boasts an impressive energy efficiency rating of A, ensuring lower operational costs while being environmentally friendly. Additional features include an elevator for convenient access to all floors and an unfurnished interior, allowing you to customize the space to fit your vision. Don't miss this opportunity to invest in a strategically located commercial property in one of the most sought-after areas. For more information, contact Fox Realty Limassol/Paphos today.
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Currency Exchange
Germasogeia, 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 €23,000,000 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 |
|---|---|---|---|
| €23,000,000 | £18,949,700 | £19,966,070 | £1,016,370 |
| Property Price € | €23,000,000 |
| Minimum cost in the last six months | £18,949,700 |
| Maximum cost in the last six months | £19,966,070 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,016,370 |
Germasogeia, 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 €23,000,000 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 |
|---|---|---|---|
| €23,000,000 | £18,949,700 | £19,966,070 | £1,016,370 |
| Property Price € | €23,000,000 |
| Minimum cost in the last six months | £18,949,700 |
| Maximum cost in the last six months | £19,966,070 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,016,370 |
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 £1,016,370 more.
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