Industrial for Køb i Mesa Geitonia, lemesos
An Investment opportunity located in the heart of Limassol in the Kapsalos area. Situated on a large 673sqm corner plot, we offer Two properties in need of renovation , they consist of a single storey corner house with a covered area of 106 sqm, 25 sqm cov verandas and 23sqm uncovered,and a Two storey 290 sqm house with 36 sqm cov verandas and 32 sqm uncovered,in addition an outbuilding of 63sqm is situated in the grounds. With a 120% building density and 3 floor allowance, this could be an ideal project to construct either a 3 storey apartment block or to renovate the 2 current properties located in such a highly sought after central location close to Makedonias Street. Property Details * For Sale * Property Type: Building * Property Subtype: Residential * Location: Limassol, Kapsalos, Cyprus * Internal Area: 460sqm * Covered Verandas: 61sqm * Uncovered Verandas: 55sqm * Bathrooms: 2 * Price: €650,000 * VAT: N/A * Date Available From: 22nd February 2022 * Loan Installment: €3,186 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: €650,000 Own Contribution (30%): €195,000 Loan Amount (70%): €455,000 Interest rate: 3.2% Years of repayment: 15 years