Mixed Use Building In Apostolos Andreas, Limassol

Description

A unique well maintained building with 2 large shops on the ground and 2 large semi detached houses on top of the shops
the first 2 storey house has 4 bedrooms, a large living room with 3 toilets and 3 bathrooms ( 260sqm )
the second house has 3 bedrooms , a large living area with 2 toilets and 1 bathroom (230sqm )
the 2 shops on the ground floor have 2 x toilets ( 160sqm)
full A/C.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Mixed use
* Property Label: Investment Property
* Location: Limassol, Apostolos Andreas, Cyprus
* Internal Area: 650sqm
* Bedrooms: 7
* Bathrooms: 4
* Price: €1,700,000
* VAT: N/A
* Date Available From: 11th June 2019
* Loan Installment: €8,333

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: €1,700,000

Own Contribution (30%): €510,000

Loan Amount (70%): €1,190,000

Interest rate: 3.2%

Years of repayment: 15 years