Residential Building In Katholiki, Limassol

Description

The building is located close to the most known commercial road in Limassol, Anexartisias Str., just 3 mins walk from the Cyprus University of Technology and 2 mins walk from Saripolou Str. and Limassol Agora.
It comprises from eight beautifully design studio apartments fully renovated with high quality materials.
Security access key rings and video-intercom system at the main entrance of the building.
Automatic lights in the entrance lobby of the building.
Provision for washing machine, fridge and dryer in each apartment
Provision for telephone line, Internet and TV.
Provision for electric heating units.Provision for air-condition units.

Notes
Appliances such as TV, Dishwasher, Oven, Fridge, Cooker, etc. are not included.
All Public and external area's Lighting are according to the Architects / interior designers' choice.
Any Movable Furniture shown in the attached are for concept reasons and are not included in the responsibility of the seller.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Residential
* Location: Limassol, Katholiki, Cyprus
* Internal Area: 381sqm
* Uncovered Verandas: 70sqm
* Price: €1,200,000
* VAT: N/A
* Loan Installment: €5,882

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: €1,200,000

Own Contribution (30%): €360,000

Loan Amount (70%): €840,000

Interest rate: 3.2%

Years of repayment: 15 years