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Building, For Sale, Limassol, Chandria
Chandria, Cyprus
REF: 978664
€184,500
Description
The property is a three-storey building with a garage in Chandria, Limassol. The property comprises a ground floor previously operating as a coffee shop, alongside a garage and storage area. The first floor features an unfinished apartment, providing a blank canvas for customization. The second floor houses a two-storey apartment with an attic. The main floor includes a spacious sitting area with a fireplace, an open-plan kitchen, a bathroom, a bedroom, a veranda, a barbecue area with a covered pergola, and stairs leading to the attic. Externally, the property offers a barbecue area, a landscaped garden, and auxiliary buildings, including a storage room and a boiler room. The asset is located approximately 85m northwest of the Square of Kedron, approximately 135m northwest of Archangelos Michael's Orthodox church, and approximately 215m west of Saint Georgios' church. The property falls within Zone H1, with a building coefficient of 120%, coverage of 70%, and permission for 3 floors (11.4m) of construction. There is a separate title deed for this property. Pending insurance of the Energy Performance Certificate.
The property is a three-storey building with a garage in Chandria, Limassol. The property comprises a ground floor previously operating as a coffee shop, alongside a garage and storage area. The first floor features an unfinished apartment, providing a blank canvas for customization. The second floor houses a two-storey apartment with an attic. The main floor includes a spacious sitting area with a fireplace, an open-plan kitchen, a bathroom, a bedroom, a veranda, a barbecue area with a covered pergola, and stairs leading to the attic. Externally, the property offers a barbecue area, a landscaped garden, and auxiliary buildings, including a storage room and a boiler room. The asset is located approximately 85m northwest of the Square of Kedron, approximately 135m northwest of Archangelos Michael's Orthodox church, and approximately 215m west of Saint Georgios' church. The property falls within Zone H1, with a building coefficient of 120%, coverage of 70%, and permission for 3 floors (11.4m) of construction. There is a separate title deed for this property. Pending insurance of the Energy Performance Certificate.
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Currency Exchange
Chandria, 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 €184,500 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 |
|---|---|---|---|
| €184,500 | £152,296 | £161,497 | £9,201 |
| Property Price € | €184,500 |
| Minimum cost in the last six months | £152,296 |
| Maximum cost in the last six months | £161,497 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,201 |
Chandria, 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 €184,500 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 |
|---|---|---|---|
| €184,500 | £152,296 | £161,497 | £9,201 |
| Property Price € | €184,500 |
| Minimum cost in the last six months | £152,296 |
| Maximum cost in the last six months | £161,497 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,201 |
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 £9,201 more.
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