Industrial buy in Limassol Lemesos

A Unique Opportunity to purchase an Investment Building Situated in the heart of Limassol in one of the most sought after locations. This is a fully renovated Two Storey Building with a 240% building factor, 70% coverage and a 4 floor allowance. 13.1metres. Situated just a 7 minute walk to the Limassol Marina, Beach & Old Town, and close to the Law courts,sat on a very busy well known street surrounded by a plethora of shops, banks and restaurants. Ground Floor 1) A shop with 2 rooms,kitchen & WC,with separate entrance from main street, internal area 2) An Office/apartment with 4 rooms, reception area,kitchen,bathroom internal area with separate entrance from the main street. First Floor 1) An Office/apartment with 6 Rooms, reception, kitchen, bathroom, wc, server room, corridors, internal area separate entrance from the main street. The 2 storey Building has a SEPARATE title deed for each floor. Extra Info. 2 WI-FI connections 3 different EAC connections for the shop, 1st and second floor. New plumbing and electricity provisions New installation of windows,mosquito nets, tiles . 10 NEW AC units New kitchen appliances, renovated kitchens and WC, New outside and inside lighting New Remote access panel for the reception management. The property is owned by a Holding Co. thus the intended buyer may purchase the company shares and avoid paying transfer fees at the land registry. Property Details * For Sale * Property Type: Building * Property Subtype: Commercial, Mixed use * Location: Limassol, Agia Zoni, Cyprus * Internal Area: 408sqm * Covered Verandas: 50sqm * Price: €1,250,000 * VAT: N/A * Loan Installment: €6,127 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: €1,250,000 Own Contribution (30%): €375,000 Loan Amount (70%): €875,000 Interest rate: 3.2% Years of repayment: 15 years