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Retail, For Sale, Paphos, Tombs Of the Kings
Tombs Of the Kings, Cyprus
REF: 999313
€199,000
Description
Exceptional Retail Space in the Heart of Tombs of the Kings Open House This Friday Open House Event: Friday, 18th July | 15:00 16:45 We are pleased to present a rare opportunity to acquire a unified commercial property in the vibrant and highly sought-after retail district of Tombs of the Kings. This spacious property comprises two seamlessly connected retail units arranged over two levels €” ground floor and mezzanine €” offering flexibility for a variety of business uses. Located on a prominent corner within the complex, the unit benefits from excellent visibility and easy access, making it ideal for attracting both foot and vehicle traffic. Property Highlights: Ground Floor: Open-plan configuration with two enclosed rooms, currently used as a kitchenette and storage Mezzanine Level: Two additional storage areas and two separate restrooms Highly versatile layout suitable for retail, showroom, or office use Location Advantages: Positioned within one of Paphos€™s most dynamic commercial zones Surrounded by established businesses and close to major attractions, ensuring constant exposure Zoning Details: Mixed-use zoning with generous building coefficients: T1γ Zone (69%) 50% building coefficient Εβ3 Zone (31%) 80% building coefficient The property is offered with a separate title deed, allowing for a smooth and efficient transfer process. Note: Energy Performance Certificate is currently pending.
Exceptional Retail Space in the Heart of Tombs of the Kings Open House This Friday Open House Event: Friday, 18th July | 15:00 16:45 We are pleased to present a rare opportunity to acquire a unified commercial property in the vibrant and highly sought-after retail district of Tombs of the Kings. This spacious property comprises two seamlessly connected retail units arranged over two levels €” ground floor and mezzanine €” offering flexibility for a variety of business uses. Located on a prominent corner within the complex, the unit benefits from excellent visibility and easy access, making it ideal for attracting both foot and vehicle traffic. Property Highlights: Ground Floor: Open-plan configuration with two enclosed rooms, currently used as a kitchenette and storage Mezzanine Level: Two additional storage areas and two separate restrooms Highly versatile layout suitable for retail, showroom, or office use Location Advantages: Positioned within one of Paphos€™s most dynamic commercial zones Surrounded by established businesses and close to major attractions, ensuring constant exposure Zoning Details: Mixed-use zoning with generous building coefficients: T1γ Zone (69%) 50% building coefficient Εβ3 Zone (31%) 80% building coefficient The property is offered with a separate title deed, allowing for a smooth and efficient transfer process. Note: Energy Performance Certificate is currently pending.
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Currency Exchange
Tombs Of the Kings, 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 €199,000 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 |
|---|---|---|---|
| €199,000 | £164,265 | £174,189 | £9,924 |
| Property Price € | €199,000 |
| Minimum cost in the last six months | £164,265 |
| Maximum cost in the last six months | £174,189 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,924 |
Tombs Of the Kings, 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 €199,000 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 |
|---|---|---|---|
| €199,000 | £164,265 | £174,189 | £9,924 |
| Property Price € | €199,000 |
| Minimum cost in the last six months | £164,265 |
| Maximum cost in the last six months | £174,189 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,924 |
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 £9,924 more.
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