Mixed Use Building In Kapsalos, Limassol
Description
A fabulous commercial corner plot in central Limassol with two houses on the plot, therefore avoiding the VAT. 515m2 on main road with side road access, 140& building density and 50% coverage allowing 4 floors+ underground parking.
Property Details
* For Sale
* Property Type: Building
* Property Subtype: Mixed use
* Property Label: Investment Property
* Location: Limassol, Kapsalos, Cyprus
* Internal Area: 160sqm
* Bedrooms: 4
* Bathrooms: 3
* Price: €750,000
* VAT: N/A
* Loan Installment: €3,676
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: €750,000
Own Contribution (30%): €225,000
Loan Amount (70%): €525,000
Interest rate: 3.2%
Years of repayment: 15 years