Residential Building In Pano Platres, Limassol

Description

This hotel is built on layers of land creating an amphitheatric view towards the village and the amazing surrounding areas. It is known to be built in the most beautiful area of Platres.
The hotel has large gardens , wooden patios and large swimming pool with a variety of facilities.
The building has 2 restaurants and 3 bars, 18 rooms and on the plot there are two small guest houses both having 2 bedrooms.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Residential
* Location: Limassol, Pano Platres, Cyprus
* Internal Area: 1150sqm
* Price: €1,350,000
* VAT: N/A
* Date Available From: 11th March 2021
* Loan Installment: €6,617

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: €1,350,000

Own Contribution (30%): €405,000

Loan Amount (70%): €945,000

Interest rate: 3.2%

Years of repayment: 15 years