Warehouse / Factory In Ypsonas, Limassol

Description

Warehouse available in the Industrial area of Ypsonas. Purpose built, the warehouse has a huge area which can be separated into individual areas and includes a large office area and showroom. Ample parking space for 20 cars. Currently rented and the Tenancy agreement can be transferred to the new Owner. As this is an industrial zone, the land is leased from the Government on a 99 year term and the Owners pay a rental amount per annum. Please contact us for further details and a breakdown of rental income per month.

Property Details
* For Sale
* Property Type: Warehouse / Factory
* Location: Limassol, Ypsonas, Cyprus
* Internal Area: 1600sqm
* No of WCs: 1
* Price: €950,000
* VAT: N/A
* Date Available From: 1st June 2018
* 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