Commercial Building In Katholiki, Limassol

Description

The building consists of seven floors (including the ground floor)Total size of the building is approximately 820m2. (Analytical breakdown below)The building is 5 years old with luxury fittings and finishes.Situated in a main road in the center of Limassol. Ground floor 192m2,1st floor 140m, 2nd floor 112m,3rd floor 112m,4th floor 112m,5th floor 112m2,6th floor 40m2 Included in the above price are the following:LG - Nortel telephone system,Air conditioning in all offices and reception, Dedicated Server room Structure network cabling, Alarm system with cameras., Kitchen with fridge/freezer, oven, hob and extractor fan,,wc, on each floor, Parking for 4 cars plus street parking UNFURNISHED.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Location: Limassol, Katholiki, Cyprus
* Internal Area: 820sqm
* Price: €2,000,000
* VAT: N/A
* Loan Installment: €9,803

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: €2,000,000

Own Contribution (30%): €600,000

Loan Amount (70%): €1,400,000

Interest rate: 3.2%

Years of repayment: 15 years