Industrial buy in Zakaki Lemesos

This asset is a residential building in Omonoias, Limassol. The asset is located approximately 120m east of Omonia Avenue. The plot has a total area 335sqm and the total covered area of the building is 472sqm. The building consists of a shop on the ground floor and 2 apartments on the 1st and 2nd floor respectively. The whole building was radically renovated about 11 years ago and a new elevator entrance was built. The asset is currently occupied. The immediate area of the asset comprises of residential developments. Property Details * For Sale * Property Type: Building * Property Subtype: Mixed use * Location: Limassol, Omonoia, Cyprus * Internal Area: 472sqm * Price: €580,000 * VAT: N/A * Loan Installment: €2,843 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: €580,000 Own Contribution (30%): €174,000 Loan Amount (70%): €406,000 Interest rate: 3.2% Years of repayment: 15 years