Mixed Use Building In Kapsalos, Limassol

Description

An amazing new building in the Kapsalos Area of central Limassol. The building is on a plot of 1,027m2 with an extra plot behind which can offer 25 parking spaces and has a covered area of 1,000 m2. The building is on 2 floors with a further underground parking. The building offers 22 en suite rooms, large reception area, large covered verandas, server room, 2 offices, generator, cameras, fire alarm, nurse call system, fire exits. Lower ground level has professional fully equipped kitchen and further office(s). Lift to all floors. Next to green area, easy access to all amenities. This building can be multi-purpose use, clinic, school, nursing home offices.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Mixed use
* Location: Limassol, Kapsalos, Cyprus
* Internal Area: 1000sqm
* Mezzanine: upper 425sqm
* Covered Verandas: 100sqm
* Price: €3,500,000
* VAT: N/A
* Loan Installment: €17,156

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: €3,500,000

Own Contribution (30%): €1,050,000

Loan Amount (70%): €2,450,000

Interest rate: 3.2%

Years of repayment: 15 years