Shop In Pafos, Paphos
Description
This large shop of 300 sq.m plus 145sq.m mezzanine with big verandas is located at one of the main avenues of Paphos . Thousand people are passing every day from this spot .
It consist a very big main area with stairs that drive to public toilets - men's and women's and another separated big space that used to be a professional kitchen , all the provisions is installed.
The mezzanine consist 3 big rooms and 2 W.C the one with shower.
The first use of this shop was a very popular Pizzeria , then was used as a betting agency .
The large main areas and the storage rooms make this shop perfect for any kind of restaurant , retail shop or any other business .
Property Details
* For Sale
* Property Type: Shop
* Property Label: Investment Property
* Location: Paphos, Pafos, Cyprus
* Internal Area: 300sqm
* Mezzanine: 145sqm
* Uncovered Verandas: 60sqm
* No of WCs: 6
* Price: €650,000
* VAT: N/A
* Loan Installment: €3,186
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: €650,000
Own Contribution (30%): €195,000
Loan Amount (70%): €455,000
Interest rate: 3.2%
Years of repayment: 15 years