A commercial property with 'car showroom' licence located on a main road of Kato Polemidia. Covered area 280m2 - Plot 574m2.
The property has huge investment potential as the area is currently being upgraded with the new road connecting the highway to the Limassol port. The property also comprises of a kitchenette and geust wc, reception area, 2 x offices, conference room and large storage basement. Title deeds available.
Property Details
* For Sale
* Property Type: Shop
* Location: Limassol, Kato Polemidia, Cyprus
* Internal Area: 280sqm
* Price: €1,050,000
* VAT: N/A
* Loan Installment: €5,147
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: €1,050,000
Own Contribution (30%): €315,000
Loan Amount (70%): €735,000
Interest rate: 3.2%
Years of repayment: 15 years
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