Shop In Potamos Germasogeias, Limassol

Description

Available two unified shops which form part of a mixed-use complex in Potamos Germasogeias, Limassol. It is located on the most popular part of the Limassol tourist area close to restaurants, cafes, shops, supermarkets, pharmacies and banks and just 3 minutes walking distance to the beach. It has a total internal area of 428sqm out of which 291sqm is the ground floor area and 137sqm the mezzanine. Also includes a basement area of 147sqm. It has the right of use of twenty two parking spaces and a storage area of 254sqm.
The property is currently occupied. It is an ideal opportunity for investment.
Call for more information and a viewing.

Property Details
* For Sale
* Property Type: Shop
* Location: Limassol, Potamos Germasogeias, Cyprus
* Internal Area: 428sqm
* Mezzanine: 137sqm
* Price: €1,350,000
* VAT: N/A
* Loan Installment: €6,617

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: €1,350,000

Own Contribution (30%): €405,000

Loan Amount (70%): €945,000

Interest rate: 3.2%

Years of repayment: 15 years