Industrial buy in Verengaria Lemesos

The asset is a currently occupied gas station in Agios Ioannis, Limassol. It provides a good opportunity for investment offering high return. The property is approx 1.2km from Limassol marina and approx. 1km from the Limassol port. The asset sits on a plot with an area of 2643sqm ( 50% share of the land is available for sale) and it benefits from a road frontage of 110m. The immediate area comprises of residential and commercial developments. Property Details * For Sale * Property Type: Business / Goodwill * Location: Limassol, Limassol, Cyprus * Price: €849,500 Plus VAT * VAT: Plus * Date Available From: 27th March 2020 * Loan Installment: €3,956 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: €807,025 Own Contribution (30%): €242,108 Loan Amount (70%): €564,918 Interest rate: 3.2% Years of repayment: 15 years