Commercial Building In Agios Nicolaos, Agios Nikolaos, Limassol

Description

Office building consisting of 3 floors in Limassol, located in Germasogeia area. The office is fully furnished and equipped, double glazing, blinds, Italian ceramic tiles and furniture, electric automatic entrance doors with options of programming a video surveillance system and high technology security alarm system, led lighting strip. A unified system of Wi-Fi on all floors.
The building is in outstanding condition in prime location near Limassol courts.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Property Label: Investment Property
* Location: Limassol, Agios Nikolaos, Cyprus
* Internal Area: 479sqm
* Covered Verandas: 24sqm
* Uncovered Verandas: 140sqm
* Price: €2,600,000
* VAT: N/A
* Loan Installment: €12,744

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: €2,600,000

Own Contribution (30%): €780,000

Loan Amount (70%): €1,820,000

Interest rate: 3.2%

Years of repayment: 15 years