Commercial Building In Mesogi, Paphos

Description

This brand new building complex is located within the administrative boundaries of Mesoyi at Paphos District.

The property is adjacent to the main road to the Polis Chrysochous area.

The building has secured all necessary legal/construction permits and approvals.

The building complex, which is built on a plot of a total surface of 5.400 square meters (m2), comprises of a basement of 1.000 m2, a ground floor of 1.000 m2 and a mezzanine floor of 500 m2 (total of 2.500m2).

On the basis of the property's building zone/coefficient an additional floor and other spaces may be added to the complex.

The building, which has been constructed at the highest quality level and specifications, has an advanced technology climate system and infrastructure for the installation of two large space elevators.

Current electricity supply capacity: 200 KWh.

Covered and uncovered parking space for a very large number of cars.

The price reflects the share of half - 50% - of land and the building

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Location: Paphos, Mesogi, Cyprus
* Internal Area: 2500sqm
* Price: €2,100,000 Plus VAT
* VAT: Plus
* Loan Installment: €10,294

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: €2,100,000

Own Contribution (30%): €630,000

Loan Amount (70%): €1,470,000

Interest rate: 3.2%

Years of repayment: 15 years