Shop In Kato Polemidia, Limassol
Description
A commercial property with 'car showroom' licence located on a main road of Kato Polemidia. Covered area 280m2 - Plot 574m2.The property has huge investment potential as the area is currently being upgraded with the new road connecting the highway to the Limassol port. The property also comprises of a kitchenette and geust wc, reception area, 2 x offices, conference room and large storage basement. Title deeds available.
Property Details
* For Sale
* Property Type: Shop
* Location: Limassol, Kato Polemidia, Cyprus
* Internal Area: 280sqm
* Price: €1,050,000
* VAT: N/A
* Loan Installment: €5,147
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: €1,050,000
Own Contribution (30%): €315,000
Loan Amount (70%): €735,000
Interest rate: 3.2%
Years of repayment: 15 years
Price: $1,130,000
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