Industrial buy in Limassol Lemesos
Commercial building of 1,000m2 internal area, consisting of ground floor, Mezzanine and lower ground area of shop (retail area use over all floors). 8 studio apartments on the 1st floor with a total covered area of 360m2. Permission for building a further 360m2. All the building and studios are rented. 2 separate title deeds as shown in the pictures, belong to the building . Prime investment opportunity. Property Details * For Sale * Property Type: Building * Property Subtype: Mixed use * Property Label: Investment Property * Location: Limassol, Agia Napa, Cyprus * Internal Area: 1000sqm-1350sqm * Price: €2,500,000 * VAT: N/A * Loan Installment: €12,254 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: €2,500,000 Own Contribution (30%): €750,000 Loan Amount (70%): €1,750,000 Interest rate: 3.2% Years of repayment: 15 years