Mixed Use Building In Pera Pedi, Limassol

Description

A traditional building with coffee shop and five apartments with amazing panoramic view in Pera Pedi village in Limassol. The property is 25 minutes driving distance from Limassol, close to all amenities, in a quiet residential area. The ground floor is an old stone coffee shop and restaurant, the 1st floor comprises of 4 small one bedroom apartments and on the top floor, there is one big one bedroom apartment with sauna, Jacuzzi and all the electrical appliances included.
The restaurant comes fully furnished, including all the kitchen equipment and is fully air conditioned. Call us for more information and viewing.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Mixed use
* Location: Limassol, Pera Pedi, Cyprus
* Internal Area: 300sqm
* Covered Verandas: 50sqm
* Uncovered Verandas: 30sqm
* Price: €940,000
* VAT: N/A
* Date Available From: 12th November 2021
* Loan Installment: €4,608

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: €940,000

Own Contribution (30%): €282,000

Loan Amount (70%): €658,000

Interest rate: 3.2%

Years of repayment: 15 years