Mixed Use Building In Zakaki, Limassol

Description

Nice building 1 kilometre from the Mall and new Limassol Casino .

The plot size is 1188 m2.

The building is on a Commercial road with shops, offices and residential apartments.

It consists of 2 floors and has parking spaces for eight cars .

The ground floor area is around 300 sq and comprises of an open plan area with two offices, a warehouse, a kitchenette and three w.c.

The First floor is around 150 sq and there are two apartments in it.

These two apartments consist of living room and dining area, a separate kitchen, a guest wc, a family bathroom, 3 bedrooms, with shutters and a/c in all the rooms.

This is a great investment opportunity .

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Mixed use
* Property Label: Investment Property
* Location: Limassol, Zakaki, Cyprus
* Internal Area: 600sqm
* Price: €610,000
* VAT: N/A
* Date Available From: 27th July 2021
* Loan Installment: €2,990

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: €610,000

Own Contribution (30%): €183,000

Loan Amount (70%): €427,000

Interest rate: 3.2%

Years of repayment: 15 years