Hus kjøp i Limassol, Lemesos

Old house available in the Town Centre of Limassol. Located in a prominent position and a much sought after area. The town centre is within walking distance and all amenities are in close proximity. The residence boasts a 140% building density factor, 50% coverage and an allowance of 4 floors. Ideal for converting to a small apartment block or keeping as is which is two separate residences. Currently the ground floor house occupies 119m2 and the first floor 92m2. An additional 141m2 can be constructed. A recent valuation has been carried which may be presented to the interested buyer. The residence is now under the listed building category meaning there is the option to renovate under the listed building guidelines and apply for 40% of the construction costs. Additionally, should the prospective Buyer decide to proceed with this procedure, they will be in a potential position to sell the excess building density factor. Ideal for an investment purchase. Please call for further information and a viewing. Property Details * For Sale * Property Type: House * Property Label: Investment Property * Location: Limassol, Agia Zoni, Cyprus * Internal Area: 211sqm * Bedrooms: 6 * Bathrooms: 2 * No of WCs: 2 * Price: €375,000 * VAT: N/A * Loan Installment: €1,068 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: €375,000 Own Contribution (25%): €93,750 Loan Amount (75%): €281,250 Interest rate: 2.2% Years of repayment: 30 years