Industrial buy in Palodeia Lemesos

A building in the village of Kalo Chorio which is currently half finished due to reconstruction works. This could become a hotel for the agro tourism sector, or smaller individual units relating to tourism or other. The building density is 120% and coefficient of 70%, allowing 3 floors. The internal area is approximately 1,000m2. Property Details * For Sale * Property Type: Building * Property Subtype: Mixed use * Location: Limassol, Kalo Chorio Lemesou, Cyprus * Internal Area: 1000sqm * Price: €350,000 * VAT: N/A * Loan Installment: €1,716 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: €350,000 Own Contribution (30%): €105,000 Loan Amount (70%): €245,000 Interest rate: 3.2% Years of repayment: 15 years