Residential Building In Katholiki, Limassol

Description

Modern residential apartment complex of 11 units that combines modern architecture and high-quality materials.
The complex is an excellent investment for rent, as the area has excellent infrastructure, with easy and convenient connection to many major amenities and services in the city. It is a close gated complex and has 11 residential units of 1 and 2-bedroom apartments.
Each apartment will have a modern plan, with large open space layout, custom made kitchen cabinets and build in closets. Each unit will have its own private, covered balcony with larch double glazed windows.
Ideal for residence who are looking for an apartment in a convenient and desirable area of ​​the city as it is close to the city centre and motorway. Just few meters away from the complex there are pharmacies, health facilities, shops, schools, offices and grocery stores.

Separate floors can be offered for sale. To request the prices, please contact us.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Residential
* Property Label: Investment Property
* Location: Limassol, Katholiki, Cyprus
* Internal Area: 675sqm
* Covered Verandas: 187sqm
* Uncovered Verandas: 28sqm
* Price: €3,200,000
* VAT: N/A
* Loan Installment: €15,685

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:

Assumptions:

Closing Price: €3,200,000

Own Contribution (30%): €960,000

Loan Amount (70%): €2,240,000

Interest rate: 3.2%

Years of repayment: 15 years