Mixed Use Building In Agia Zoni, Limassol

Description

A fabulous 3 storey building with basement, approximately 20years old, of good construction and quality, renovated 3 years ago, for sale in the prime location of Limassol. Plot size 948m2, Covered area of building 1,083m2 Building density 160% and 50% coverage allowing 5 floors (17,30). The building accesses 2 roads. 7 shops on the ground level, 4 apartments on the 1st level, 4 bedroom Penthouse on the 2nd level. Commercial planning zone.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Mixed use
* Location: Limassol, Agia Zoni, Cyprus
* Internal Area: 1083sqm
* Price: €2,200,000
* VAT: N/A
* Loan Installment: €10,784

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: €2,200,000

Own Contribution (30%): €660,000

Loan Amount (70%): €1,540,000

Interest rate: 3.2%

Years of repayment: 15 years