Building In Anavargos, Paphos

Description

New building at a centre point in Paphos with an easy access to the Motorway going to Limasol or Nicosia but also the road going to Polis area. It is ideal for business offices and constructed with a technique to change areas to satisfyany company. It has two accesses since it is attached to two different roads,given a tenants an easy access. The building is consist of ground floor +_235sqm with entrance model hall, the first floor +- 255sqm with 4 offices and the second floor with 4 offices which can be easy become 3-4 apartments in each of the floor. Also has roof garden and bar +-161sqm which has magnificent view of Paphos but also a sea and mountain view and that can be serve and used as a cafe lounge bar. The building has provision for lift, 8 covered parkings and 7 storage rooms.5

Property Details
* For Sale
* Property Type: Building
* Location: Paphos, Anavargos, Cyprus
* Internal Area: 735sqm
* Price: €1,200,000 Plus VAT
* VAT: Plus
* Loan Installment: €5,882

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: €1,200,000

Own Contribution (30%): €360,000

Loan Amount (70%): €840,000

Interest rate: 3.2%

Years of repayment: 15 years