Mixed Use Building In Chalkoutsa, Mesa Gitonia, Limassol

Description

Detached commercial/ residential building in Chalkoutsa - Mesa gitonia area of Limassol. The plot is 390sqm with coverage 140% and up to 4 floors permission. The building is ideal for someone who would like to have his own business/ shops or offices in front, his house above and one extra house on the 1st floor. The shops are in good condition and are currently occupied. The above apartment is 3 bedroom, 2 level property with 2 wc, one bathroom and an open plan kitchen with big living room. The 1st floor apartment has 4 bedrooms with 2 living rooms and kitchen plus laundry room. The building is on a central road and very close to all amenities.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Mixed use
* Location: Limassol, Mesa Gitonia, Cyprus
* Internal Area: 500sqm
* Price: €1,300,000
* VAT: N/A
* Date Available From: 5th May 2020
* Loan Installment: €6,372

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: €1,300,000

Own Contribution (30%): €390,000

Loan Amount (70%): €910,000

Interest rate: 3.2%

Years of repayment: 15 years