Office In Omonoia, Limassol

Description

Modern sophisticated brand new commercial building currently under construction and offering five state of the art offices and one unique spacious showroom. Ideally located on one of Limassol's busiest intersections with easy access to the highway, the New Port, City of Dreams Casino, and just 10 minutes to the Old Port and Limassol Marina. An ideal investment yielding around 5% return and an opportunity to own an asset in one of Limassol's most up and coming regions.

The mezzanine level can be offered as a part of the showroom benefiting with additional space. Please contact us for a full presentation of this unique commercial development.

Property Details
* For Sale
* Property Type: Office
* Property Label: Investment Property
* Location: Limassol, Omonoia, Cyprus
* Internal Area: 116sqm
* Covered Verandas: 11sqm
* No of WCs: 2
* Price: €620,000 Plus VAT
* VAT: Plus
* Loan Installment: €3,039

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: €620,000

Own Contribution (30%): €186,000

Loan Amount (70%): €434,000

Interest rate: 3.2%

Years of repayment: 15 years