Mixed Use Building In Agios Georgios, Limassol, Limassol
Description
This large corner plot is found in the sought after commercial road of Makarios Avenue. The area is becoming very upgraded with Banks and office buildings, offering easy access to the highway and all amenities.The building can either be renovated or demolished.The plot is 692sq.m, with a building density of 120% ,50% coverage ratio and allowance to build 3 floors.
Property Details
* For Sale
* Property Type: Building
* Property Subtype: Mixed use
* Location: Limassol, Limassol, Cyprus
* Internal Area: 550sqm
* Price: €650,000
* VAT: N/A
* Date Available From: 9th February 2022
* Loan Installment: €3,186
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: €650,000
Own Contribution (30%): €195,000
Loan Amount (70%): €455,000
Interest rate: 3.2%
Years of repayment: 15 years
Overview
Price: $698,000
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