Commercial Building In Kato Polemidia, Limassol
Description
Plot size 1,609 m2 on commercial road. Building with 2 floors with license for another 2 floors. Internal area approx. 800m2.Large Basement area.120% building density and 50% coverage.Large showroom with internal top floor offices and large underground storage.Unlimited parking spaces on busy commercial road near the new port.
Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Location: Limassol, Kato Polemidia, Cyprus
* Internal Area: 300sqm
* Price: €3,000,000
* VAT: N/A
* Loan Installment: €14,705
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: €3,000,000
Own Contribution (30%): €900,000
Loan Amount (70%): €2,100,000
Interest rate: 3.2%
Years of repayment: 15 years