Industrial buy in Limassol Lemesos

This outstanding building is in the sought after location of the Historical Town walking distance to all amenities. High ceilings, large windows, stone feature walls, (not a listed building). Πα 4- 73% 240% building density- 70% coefficient Πα9β-27% 120%- building density 70% coefficient. An ideal investment opportunity for either a boutique Hotel, commercial office space or other. Allowing 4 floors and many more. The building has solid thick walls and foundations. Property Details * For Sale * Property Type: Building * Property Subtype: Commercial * Location: Limassol, Agia Trias, Cyprus * Internal Area: 750sqm * Covered Verandas: 30sqm * Price: €2,800,000 * VAT: N/A * Loan Installment: €13,725 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: €2,800,000 Own Contribution (30%): €840,000 Loan Amount (70%): €1,960,000 Interest rate: 3.2% Years of repayment: 15 years