World Luxury Home
Commercial, Mixed Use Building In Agia Filaxi, Agia Fylaxis, Limassol
Description
This property is in the prime location of central Limassol's Agias Fylaxeos.
The building is used as a nursery.
This plot can be built into commercial offices with no vat applicable on the land. The building is very close to Makarios Avenue and has a two road access.
Allowing 4 floors with extra building density due to Government incentive program.
A very good investment.
Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial, Mixed use
* Property Label: Investment Property and Development Property
* Location: Limassol, Agia Fylaxis, Cyprus
* Internal Area: 300sqm-350sqm
* Covered Verandas: 15sqm
* Price: €1,600,000
* VAT: N/A
* Loan Installment: €7,843
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: €1,600,000
Own Contribution (30%): €480,000
Loan Amount (70%): €1,120,000
Interest rate: 3.2%
Years of repayment: 15 years
Overview
Price: $1,810,000
Julie Papanicolaou Details
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World Luxury Home
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