Industrial buy in Páno Polemídia Lemesós

Available off plan commercial building in Kato Polemidia area of Limassol. Plot size 3 715sqm, It has two zones, Commercial zone with 120% building density and Residential zone with 100% building density, coverage 50% and up to 3 floors building allowance. There is a building permit and ready plans for a commercial building. It consists of: 5,844 Sqm covered parking space (two underground levels) for 136 cars in the complex. 1,240 sqm uncovered parking space for 22 cars and electric car charger facilities, as well as parking for bicycles in the complex. The internal office space is 4,376sqm, 785sqm for storage mechanical room, 145sqm covered cafeteria area and 986sqm roof garden for entertainment and other social events. The price is for the land and the permission to start immediate construction. Property Details * For Sale * Property Type: Building * Property Subtype: Commercial * Location: Limassol, Kato Polemidia, Cyprus * Internal Area: 5306sqm * Uncovered Verandas: 986sqm * Price: €3,500,000 Plus VAT * VAT: Plus * Loan Installment: €17,156 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: €3,500,000 Own Contribution (30%): €1,050,000 Loan Amount (70%): €2,450,000 Interest rate: 3.2% Years of repayment: 15 years