The property can be used as an office, restaurant, club, hostel, school, SPA center, medical therapy, or for family living, with the opportunity to obtain a residence permit in Cyprus, and if need further receive Cypriot, i.
e. EU citizenship.
Shape of structure conforms to ancient Greek Cypriot architectural style for which only
stone and natural material were used in interior, as well external furnish. Property has been
completely restored in 2009 and 2012 (an interior and a facade) according to
recommendations of Ministry in charge for Cypriot heritage .
The Property covers an area of 320m2 with: 9 rooms (including reception hall and
conservatory ), 2 bathrooms, 2 spacious balconies, kitchen and a wide stairs from ground floor
main entrance (about guiding to 300m2 at upper floor. There are also small stairs
directing to two cars parking place at 360m2 backyard.
Inside the Property ceilings are 4 m high , all walls are made with thickness 0,5m of natural
st one, all rooms are with massive natural timber double swing doors, floors are covered with
timber parquet boards a nd reconstructed stone tiles, situated in a huge hall of reception, all
refurbished and remained there from Properties construction. Rooms are with Internet,
phone, digital TV connections and air conditions.
There is electricity connection, which if need could divide Property's electricity supply in two
parts. There is possibility to construct additional 80 90 m2 in a loft with a height more than
2,5 m on central axis.
Property Details
* For Sale
* Property Type: House
* Property Subtype: Upper floor (2-floor building)
* Location: Limassol, Agia Trias, Cyprus
* Internal Area: 320sqm
* Covered Verandas: 25sqm
* Uncovered Verandas: 10sqm
* Bedrooms: 7
* Bathrooms: 2
* Price: €849,000
* VAT: N/A
* Date Available From: 7th February 2020
* Loan Installment: €2,418
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: €849,000
Own Contribution (25%): €212,250
Loan Amount (75%): €636,750
Interest rate: 2.2%
Years of repayment: 30 years
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