Residential Building In Apostolos Andreas, Limassol

Description

The property consists of a three-storey residential building and an incomplete three-storey commercial building in Apostolos Andreas area, in Limassol. They are built on a land area of 730sqm.

The residential building consists of 12 apartments (six of 2 bedroom and six 1 bedroom). The residential building was constructed in 2012. All apartments benefit from underground parking, storage space and roof garden.

The incomplete commercial building is planned to consist of a shop with a mezzanine and an office on each of the 1st and 2nd floors.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Residential
* Location: Limassol, Apostolos Andreas, Cyprus
* Internal Area: 951sqm
* Mezzanine: 32sqm
* Covered Verandas: 171sqm
* Uncovered Verandas: 220sqm
* Price: €1,860,000
* VAT: N/A
* Loan Installment: €9,117

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: €1,860,000

Own Contribution (30%): €558,000

Loan Amount (70%): €1,302,000

Interest rate: 3.2%

Years of repayment: 15 years