Gas Station In Agios Ioannis, Limassol, Limassol

Description

The asset is a currently occupied gas station in Agios Ioannis, Limassol. It provides a good opportunity for investment offering high return. The property is approx 1.2km from Limassol marina and approx. 1km from the Limassol port. The asset sits on a plot with an area of 2643sqm ( 50% share of the land is available for sale) and it benefits from a road frontage of 110m. The immediate area comprises of residential and commercial developments.

Property Details
* For Sale
* Property Type: Business / Goodwill
* Location: Limassol, Limassol, Cyprus
* Price: €849,500 Plus VAT
* VAT: Plus
* Date Available From: 27th March 2020
* Loan Installment: €3,956

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: €807,025

Own Contribution (30%): €242,108

Loan Amount (70%): €564,918

Interest rate: 3.2%

Years of repayment: 15 years