Warehouse / Factory In Ypsonas, Limassol

Description

This property is a leasehold factory in the 3rd Limassol Industrial Zone in Ypsonas, Limassol.

It comprises of three adjacent industrial buildings:
- 1,900sqm production area which due to its open plan design can accommodate many industrial activities.
- 100sqm storage area.
- 75sqm administration area consisting of office space, toilets and auxiliary space for the employees.

The total land area is 9,158sqm.

The immediate area of the factory is a fully developed industrial area with many industrial buildings, warehouses and factories. The area benefits from easy access to the Nicosia - Limassol motorway.

The factory is currently leased.

THE PRICE IS SUBJECT TO VAT.

Property Details
* For Sale
* Property Type: Warehouse / Factory
* Location: Limassol, Ypsonas, Cyprus
* Internal Area: 2075sqm
* Price: €1,150,000 Plus VAT
* VAT: Plus
* Loan Installment: €5,637

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: €1,150,000

Own Contribution (30%): €345,000

Loan Amount (70%): €805,000

Interest rate: 3.2%

Years of repayment: 15 years