Industrial buy in Limassol Lemesos

This asset is in the old town of Limassol within the Historical centre. The house that is on the plot could be renovated to an outstanding property and include a large swimming pool and gardens. This is also an ideal property for an investor or developer (no vat) to develop apartments. Building density 120% Coefficient 70% plot size 859m2 Property Details * For Sale * Property Type: Building * Property Subtype: Residential * Location: Limassol, Agia Trias, Cyprus * Internal Area: 250sqm * Price: €1,300,000 * VAT: N/A * Date Available From: 8th March 2021 * Loan Installment: €6,372 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: €1,300,000 Own Contribution (30%): €390,000 Loan Amount (70%): €910,000 Interest rate: 3.2% Years of repayment: 15 years