Warehouse / Factory In Ypsonas, Limassol

Description

The property is an industrial warehouse in three floors, located within the industrial area of Ypsonas, in Limassol.

The plot has a total area of 3932sqm and a total built area of 2100sqm.

The building comprises of a basement of c. 1.600sqm, an incomplete ground floor of c.400sqm and an incomplete first floor of c.160sqm. The basement houses a production area, administration offices, reception, and auxiliary space for the employees. Part of the basement has been modified to accommodate chillers. The building has been constructed with high quality materials such as sandwich panels, epoxy floors and it is equipped with fire prevention system and VRV heating/cooling systems.

It is located in a fully developed industrial area with many industrial buildings and warehouses as well as some factories. The area benefits from easy access to the motorway.

Property Details
* For Sale
* Property Type: Warehouse / Factory
* Location: Limassol, Ypsonas, Cyprus
* Internal Area: 2100sqm
* Price: €1,460,000
* VAT: N/A
* Loan Installment: €7,156

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: €1,460,000

Own Contribution (30%): €438,000

Loan Amount (70%): €1,022,000

Interest rate: 3.2%

Years of repayment: 15 years