Industrial buy in Verengaria Lemesós

The property is a mixed-use property located in a very attractive location in Limassol, in Agios Ioannis area. The property is in a prime retail location while is also ideal for residential use. Within walking distance are many amenities and services such as shops, supermarkets, banks, schools, etc. An attractive retail space with a spacious mezzanine level is located on the ground floor, while on the higher level there is a two-storey three-bedroom apartment. The shop was split into two separate shops which are identical and consist of an open plan area and a toilet on the ground floor and an auxiliary space on the mezzanine level. The apartment consists on the 1st floor of an open plan living area with kitchen and fireplace, two bedrooms and a bathroom with WC and on the 2nd floor of a living room, kitchenette and an en suite bedroom. An important advantage of the apartment is the large terrace with barbecue and unobstructed views of the area. The shop has a total area of 96sqm and has an additional 66sqm mezzanine level. The apartment has a covered area of 170sqm, covered verandas of 16sqm and a large uncovered veranda of 55 sqm. An important advantage is that has a separate title deed. As such, this is an ideal opportunity to acquire a property for investment purposes and also for private use. The property is vacant. Property Details * For Sale * Property Type: Building * Property Subtype: Mixed use * Location: Limassol, Agios Ioannis, Cyprus * Internal Area: 266sqm * Mezzanine: 66sqm * Covered Verandas: 16sqm * Uncovered Verandas: 55sqm * Price: €300,000 * VAT: N/A * Loan Installment: €1,471 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: €300,000 Own Contribution (30%): €90,000 Loan Amount (70%): €210,000 Interest rate: 3.2% Years of repayment: 15 years