Building For Sale
Description
Building located in the old town of Limassol, walking distance to the sea, close to all amenities and faculties. The building consists of 3 floors. Each floor has 3 flats of 2 bedroom, 75m2 each. The ground level is parking space and storage rooms. Total covered area of the building is 1,052m2. A Construction of 2012. - A very good opportunity for investment..
Property Details
* For Sale
* Property Type: Building
* Property Subtype: Residential
* Location: Limassol, Limassol, Cyprus
* Price: €2,200,000
* VAT: N/A
* Loan Installment: €10,784
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: €2,200,000
Own Contribution (30%): €660,000
Loan Amount (70%): €1,540,000
Interest rate: 3.2%
Years of repayment: 15 years
Price: $2,360,000
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