Commercial Building In Agios Georgios Lemesou, Limassol

Description

This commercial plot is situated in a central street near all amenities. It is a 763sqm plot with 140% building density , 50% coverage and within the plot there are two separate buildings. One stone build house which was used as a tavern and it has 285sqm covered area as well as a shop with 115sqm (lower floor) and 60sqm (upper floor). This is plot is vividly visible in all sides of both buildings. The location of this plot is one of the most central, busy streets suitable for commercial use. The shop is in an excellent condition and is covered with glass windows all around it.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Location: Limassol, Agios Georgios Lemesou, Cyprus
* Internal Area: 285sqm
* Price: €1,150,000
* VAT: N/A
* Loan Installment: €5,637

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: €1,150,000

Own Contribution (30%): €345,000

Loan Amount (70%): €805,000

Interest rate: 3.2%

Years of repayment: 15 years