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Commercial Building in Agios Theodoros, Paphos
5527, Cyprus
REF: 997620
€5,000,000
Description
Reference ID: #SA36816Price details: 5,000,000Prime Commercial Building for sale in Paphos disrict.Discover this exceptional 9-floor architectural gem located in the heart of Paphos. Spanning a total land area of 3176 m , with a dedicated building plot of 793 m and a generous building size of 3771 m , this property offers unparalleled versatility and modernity.Key Features:9 Floors: Designed with a distinctive architectural style, boasting spacious, column-free layouts on each floor.Parking: Includes 72 parking spaces across five separate plots, all with individual title deeds.Year of Build: 2012, ensuring contemporary infrastructure and design.Structural Integrity: Strategically placed load-bearing walls enhance flexibility and aesthetic appeal.Building Amenities:2 Elevators, including 1 panoramic elevator.Fully air-conditioned interior.2 emergency staircases (1 indoor, 1 outdoor).10 toilets and 2 bathrooms for convenience.Roof garden area spanning 200 m .Fully equipped commercial kitchen.Extensive emergency fire systems and a dedicated server room.KNX lighting control and a comprehensive sound system.Facade and Design:The facade features round panoramic glass, enveloped in double-glazed aluminum glass and alucobond, ensuring durability and modern elegance.Current Use:Presently utilized as a retail department store, complete with a cafeteria featuring a fully operational commercial kitchen on the ground floor.Location & Accessibility:Ideally situated with easy access via Dimokratias and Anexartisias avenues, just minutes from the highway. The beach is within a 5-minute drive, surrounded by shopping malls, supermarkets, hospitals, universities, and schools.Potential Uses:This versatile property accommodates a variety of uses, including retail, offices, medical centers, student accommodation, schools, universities, mixed-use developments, and coworking offices.Investment Opportunity:With its strategic location and robust infrastructure, this property presents a compelling investment opportunity in Paphos' burgeoning commercial sector.
Reference ID: #SA36816Price details: 5,000,000Prime Commercial Building for sale in Paphos disrict.Discover this exceptional 9-floor architectural gem located in the heart of Paphos. Spanning a total land area of 3176 m , with a dedicated building plot of 793 m and a generous building size of 3771 m , this property offers unparalleled versatility and modernity.Key Features:9 Floors: Designed with a distinctive architectural style, boasting spacious, column-free layouts on each floor.Parking: Includes 72 parking spaces across five separate plots, all with individual title deeds.Year of Build: 2012, ensuring contemporary infrastructure and design.Structural Integrity: Strategically placed load-bearing walls enhance flexibility and aesthetic appeal.Building Amenities:2 Elevators, including 1 panoramic elevator.Fully air-conditioned interior.2 emergency staircases (1 indoor, 1 outdoor).10 toilets and 2 bathrooms for convenience.Roof garden area spanning 200 m .Fully equipped commercial kitchen.Extensive emergency fire systems and a dedicated server room.KNX lighting control and a comprehensive sound system.Facade and Design:The facade features round panoramic glass, enveloped in double-glazed aluminum glass and alucobond, ensuring durability and modern elegance.Current Use:Presently utilized as a retail department store, complete with a cafeteria featuring a fully operational commercial kitchen on the ground floor.Location & Accessibility:Ideally situated with easy access via Dimokratias and Anexartisias avenues, just minutes from the highway. The beach is within a 5-minute drive, surrounded by shopping malls, supermarkets, hospitals, universities, and schools.Potential Uses:This versatile property accommodates a variety of uses, including retail, offices, medical centers, student accommodation, schools, universities, mixed-use developments, and coworking offices.Investment Opportunity:With its strategic location and robust infrastructure, this property presents a compelling investment opportunity in Paphos' burgeoning commercial sector.
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Currency Exchange
5527, 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 €5,000,000 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 |
|---|---|---|---|
| €5,000,000 | £4,127,250 | £4,340,450 | £213,200 |
| Property Price € | €5,000,000 |
| Minimum cost in the last six months | £4,127,250 |
| Maximum cost in the last six months | £4,340,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £213,200 |
5527, 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 €5,000,000 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 |
|---|---|---|---|
| €5,000,000 | £4,127,250 | £4,340,450 | £213,200 |
| Property Price € | €5,000,000 |
| Minimum cost in the last six months | £4,127,250 |
| Maximum cost in the last six months | £4,340,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £213,200 |
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 £213,200 more.
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