Commercial Building In Katholiki, Limassol

Description

Beautiful two old connecting buildings available in the town center of Limassol, in Katholiki area. The town center is within walking distance and all amenities are in close proximity. Perfect building for full renovation or a perfect plot to rebuild, the plot is 440sqm with 160% building density in the 65% and 120% building density to 35% of the plot, and 70% coverage, the 65% of the plot has up to 3 floors allowed and the 35% of the plot has up to 2 floors allowed. very interesting design with a central court yard and with a bit of imagination and money, this property can be a perfect city house. The property is on two roads. Call us for more information and viewing.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Location: Limassol, Katholiki, Cyprus
* Internal Area: 220sqm
* Price: €900,000
* VAT: N/A
* Date Available From: 26th February 2021
* Loan Installment: €4,412

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: €900,000

Own Contribution (30%): €270,000

Loan Amount (70%): €630,000

Interest rate: 3.2%

Years of repayment: 15 years