Shop In Tombs Of The Kings, Paphos

Description

For sale Shop in the popular and touristic area on Tombs of the Kings in Kato Paphos.Very attractive area for businesses with high demand and close to many other facilities and amenities such as restaurants, souvenir shops, coffee shops, kiosks,bus stops, banks, hotels e.t.c.

The Shop now operates as a restaurant, the interested buyer can continue to rent the Shop to the existing tenants and start getting profit from day one, or he can start his own business, the restaurant operates with all the neccesary licenses from the goverment, the shop also has a basement with a total area of 149 sq.m.

For more information and to arrange a viewing please contact us.

Property Details
* For Sale
* Property Type: Shop
* Location: Paphos, Tombs Of The Kings, Cyprus
* Internal Area: 111sqm
* Mezzanine: 56sqm
* No of WCs: 3
* Price: €670,000
* VAT: N/A
* Loan Installment: €3,284

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: €670,000

Own Contribution (30%): €201,000

Loan Amount (70%): €469,000

Interest rate: 3.2%

Years of repayment: 15 years