Shop In Potamos Germasogeias, Limassol
Description
Long term rent received from licensed franchise Cafe, situated in the heart of the tourist area in Potamos Germasogia, Limassol Two shops converted into one with a total covered area of 255 square meters, and the exclusive right to use a 160 approx. square meters veranda. Title deeds issuedIn the heart of Limassol tourist areaVat exempt from the price
Property Details
* For Sale
* Property Type: Shop
* Location: Limassol, Potamos Germasogeias, Cyprus
* Internal Area: 255sqm
* Price: €1,400,000
* VAT: N/A
* Loan Installment: €6,862
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: €1,400,000
Own Contribution (30%): €420,000
Loan Amount (70%): €980,000
Interest rate: 3.2%
Years of repayment: 15 years