Commercial Building In Columbia, Limassol
Description
Commercial building in Potamos Germasogeias Limassol. The building faces one of the busiest avenues in Limassol, consists of 3 floors, 190sqm each floor, plus 260sqm underground parking/storage. There are 3 partitioned offices, elevator, rest rooms and a small kitchenette. It is ideal for investors who want to buy a property to lease it out.
Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Location: Limassol, Columbia, Cyprus
* Internal Area: 630sqm
* Price: €2,200,000
* VAT: N/A
* Loan Installment: €10,784
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: €2,200,000
Own Contribution (30%): €660,000
Loan Amount (70%): €1,540,000
Interest rate: 3.2%
Years of repayment: 15 years