Commercial Building In Agia Napa, Limassol, Limassol

Description

A listed building in the old town of Limassol designed by a top architect offering a shop of 84m2 with 45m2 mezzanine.3 luxury studio apartments on top (one on each floor) and roof garden. 2 apartments are 50m2 and 1 apartment is 84m2 offering covered verandas and sea views.The apartments are rented daily on Airbnb Euro 75,00-Euro 90,00 per day.Across the road from the sea and walking distance to all amenities and the historical areas of Limassol.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Location: Limassol, Limassol, Cyprus
* Internal Area: 313sqm
* Price: €1,100,000
* VAT: N/A
* Loan Installment: €5,392

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: €1,100,000

Own Contribution (30%): €330,000

Loan Amount (70%): €770,000

Interest rate: 3.2%

Years of repayment: 15 years