Commercial Building In Agios Athanasios, Limassol

Description

The Business Center is in Agiou Athanasiou Avenue, a very commercialized area of Limassol, the main financial center of Cyprus. Within a three-minute drive from the sea and the motorway connecting the main cities of the island and the airports of Paphos and Larnaca.

Description: Three commercial levels package with 24-hour access control, air -conditioning, private kitchens, server rooms, raised floors, false ceilings, high speed panoramic elevators etc.

Return on Investment: These offices are rented by a well-known international company guarantying to the potential investor an important and safe income yield.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Property Label: Investment Property
* Location: Limassol, Agios Athanasios, Cyprus
* Internal Area: 6362sqm
* Covered Verandas: 214sqm
* Price: €34,000,000
* VAT: N/A
* Loan Installment: €166,657

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: €34,000,000

Own Contribution (30%): €10,200,000

Loan Amount (70%): €23,800,000

Interest rate: 3.2%

Years of repayment: 15 years