Industrial buy in Paphos Pafos

For sale is three storeys mixed-use building in the Agios Theodoros area in Paphos. The building has been developed on a plot of land with an area of 545sq.m. and It has a total covered area of 533 sq.m. The ground floor is used as a shop and has a covered area of 170 sq.m. The first floor has a covered area of 199 sq.m. It comprises a lobby area, office space, kitchen, two toilets, a shower, locker room, storage area and a hall. The second floor consists of an apartment with a covered area of 164 sq.m. It comprises an open plan living/dining and kitchen area three bedrooms (one en-suite) and a bathroom. The basement is 265 sq.m. and is used as a parking space. Currently, all the properties in the building are rented. Property Details * For Sale * Property Type: Building * Property Subtype: Mixed use * Location: Paphos, Pafos, Cyprus * Internal Area: 533sqm * Price: €650,000 * VAT: N/A * Loan Installment: €3,186 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: €650,000 Own Contribution (30%): €195,000 Loan Amount (70%): €455,000 Interest rate: 3.2% Years of repayment: 15 years