Commercial Building For Sale In Kato Polemidia In Limassol
Description
Off - plan building for sale in Agios Georgios Havouzas in Limassol.
The project is located in a main commercial road, 5 minutes drive to the town centre, easy access to the high way and close to all amenities.
The plot size is 598 sq.m and the building area 1926q.m.
The project includes provision for VRV system, raised floors and false ceilings.
Completion date: June 2022.
Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Property Label: Investment Property
* Location: Limassol, Kato Polemidia, Cyprus
* Internal Area: 1926sqm
* Price: €5,000,000 Plus VAT
* VAT: Plus
* Loan Installment: €24,508
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: €5,000,000
Own Contribution (30%): €1,500,000
Loan Amount (70%): €3,500,000
Interest rate: 3.2%
Years of repayment: 15 years