Residential Building In Agia Napa, Limassol

Description

This building is in the centre of the Historical town and 300m2 to the beach road.
consisting of 5 floors:
A basement parking area which is 380m2 and not included in the covered area stated.
The ground floor has 3 maisonettes, with 113m2, 111m2, 82m2
Mezzanine has 1 apartment 107m2
First floor 3 apartments, 96m2,59m2, 162m2.
2nd floor 3 apartments 96m2, 43m2, 152m2 and uncovered veranda of 10m2
The roof has a further apartment of 60m2
A functional building which is fully rented.
Lift to all floors, gated entry access.
Fully furnished and equipped.
Separate title deeds for each apartment.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Residential
* Property Label: Investment Property
* Location: Limassol, Agia Napa, Cyprus
* Internal Area: 1081sqm
* Price: €2,500,000
* VAT: N/A
* Date Available From: 2nd February 2022
* Loan Installment: €12,254

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: €2,500,000

Own Contribution (30%): €750,000

Loan Amount (70%): €1,750,000

Interest rate: 3.2%

Years of repayment: 15 years