Industriel for Køb i Limassol, Lemesos

This is a great opportunity in the prime location of Agia Zoni behind Makarios Avenue. The plot is very large and as the property which is in very good condition stands there is a large rear garden for parking cars or for landscaped garden with swimming pool. The plot allows 4 storeys, therefore can also be developed into luxury apartments. If this will be developed into apartments, there is no vat on the plot. Property Details * For Sale * Property Type: Building * Property Subtype: Residential * Property Label: Investment Property and Development Property * Location: Limassol, Agia Zoni, Cyprus * Internal Area: 350sqm * Covered Verandas: 20sqm * Price: €850,000 * VAT: N/A * Date Available From: 19th November 2019 * Loan Installment: €4,166 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: €850,000 Own Contribution (30%): €255,000 Loan Amount (70%): €595,000 Interest rate: 3.2% Years of repayment: 15 years