Industrial buy in Limassol Lemesos

Building available in the Town Centre of Limassol. Located in a prominent position and a much sought after area. The town centre is within walking distance and all amenities are in close proximity. The property boasts a 140% building density factor, 50% coverage and an allowance of 4 floors. Ideal for converting to a small apartment block or keeping as is which is two separate residences. Currently the ground floor house occupies 119m2 and the first floor 92m2. An additional 141m2 can be constructed. A recent valuation has been carried which may be presented to the interested buyer. Ideal for an investment purchase. Please call for further information and a viewing. Property Details * For Sale * Property Type: Building * Property Subtype: Residential * Location: Limassol, Agia Zoni, Cyprus * Internal Area: 211sqm * Bathrooms: 2 * No of WCs: 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