Industrial buy in Limassol Lemesos

A commercial/mixed use building in the old town of Agia Napa Limassol on a commercial road. The building has 2 shops on the ground level and a large apartment on the top floor. The building needs renovation. 180% Building density 70% coefficient 3 floor allowance. 10 metre height. Property Details * For Sale * Property Type: Building * Property Subtype: Mixed use * Property Label: Investment Property and Development Property * Location: Limassol, Agia Napa, Cyprus * Internal Area: 240sqm * Price: €830,000 * VAT: N/A * Date Available From: 29th March 2021 * Loan Installment: €4,068 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: €830,000 Own Contribution (30%): €249,000 Loan Amount (70%): €581,000 Interest rate: 3.2% Years of repayment: 15 years