Mixed Use Building In Omonoia, Limassol

Description

Fully renovated building is now on market in one of the most central roads of Limassol. The building is built on a plot of 435sqm and has internal area of 1217sqm. Has a ground floor shop with mezzanine and another 4 floors, 2 apartment each, 2 bedroom, except the last one which has a top floor big 3 bedroom apartment. Each apartment has internal area of 108sqm and the top floor around 167sqm including the covered verandas. Bargain price for this building.Call now to arrange your viewing.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Mixed use
* Location: Limassol, Omonoia, Cyprus
* Internal Area: 1217sqm
* Uncovered Verandas: 45sqm
* Price: €1,900,000
* VAT: N/A
* Loan Installment: €9,313

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: €1,900,000

Own Contribution (30%): €570,000

Loan Amount (70%): €1,330,000

Interest rate: 3.2%

Years of repayment: 15 years