Industrial buy in Limassol Lemesos

Building available in a central location in Limassol. Located in the Agia Zoni area on a main road, the property is currently utilized as two separate residences. Both houses have been renovated and can be used as two separate residences. Being in a commercial zone, the property can enjoy 160% building density factor, 50% and an allowance of 5 floors. Price has been reduced for a quick sale. Please call for further information and a viewing. Property Details * For Sale * Property Type: Building * Property Subtype: Residential * Property Label: Investment Property and Development Property * Location: Limassol, Agia Zoni, Cyprus * Internal Area: 177sqm * Bathrooms: 2 * Price: €375,000 * VAT: N/A * Loan Installment: €1,838 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: €375,000 Own Contribution (30%): €112,500 Loan Amount (70%): €262,500 Interest rate: 3.2% Years of repayment: 15 years