Business / Goodwill In Limassol, Limassol

Description

Unique development construction in an existing historical museum. This new expansion will be a touristic unit consisted of 10 one-bedroom executive thematic suits, spa & roof garden with swimming poll. conveniently located between west of Limassol with exchellent access to stunning beaches and amenities including the Cyprus casino resort, Curium amphytheatre and Saint Ermogenis beach in marina zone. The investment package including 50% of existing property of the museum, commercial rights, trade mark products for local market and exports, branding and property, and the expansion of the new tourist thematic suites & spa & events units. The new expansions project is under plan and fully licensed and is unique in its kind to Cyprus. Call us for more information and viewing.

Property Details
* For Sale
* Property Type: Business / Goodwill
* Location: Limassol, Limassol, Cyprus
* Internal Area: 1500sqm
* Price: €6,500,000
* VAT: N/A
* Date Available From: 2nd June 2021
* Loan Installment: €30,268

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: €6,175,000

Own Contribution (30%): €1,852,500

Loan Amount (70%): €4,322,500

Interest rate: 3.2%

Years of repayment: 15 years