Building For Sale - A Really Great Investment Opportunity.

Description

The business start you were dreaming?

Building of Seven two storey maisonettes with total covered area of 600sqm
Built in two plots
100m from the coast
Close to Polis center and amenities
Unobstructed views towards Chrysochou Bay
Access to the beach by pedestrian foot path
In front (north-westerly) is the green area of the plot which ends at the coast line.

Ideal opportunity for investment.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Mixed use
* Property Label: Investment Property and Development Property
* Location: Paphos, Polis Chrysochou, Cyprus
* Covered Verandas: 7sqm
* Price: €950,000
* VAT: N/A
* Loan Installment: €4,657

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: €950,000

Own Contribution (30%): €285,000

Loan Amount (70%): €665,000

Interest rate: 3.2%

Years of repayment: 15 years