Commercial Building in Agios Nikolaos, Limassol, Limassol

Information from owner
A Commercial building in prime location and busy high street.The building comprises of 5 floors,Underground parking/basement 356m2Ground floor shop 202m2 with mezzanine 101m2, 2 office floors which interconnect 216m2x2, Penthouse/managers office on the 3rd floor 102m2 and 107m2 terraces. Shops and offices have separate entrances, lift to offices, the interior of the building is of high standards offering oak and granite finishes.Total covered area, 1,200m2 + 107 terraces, 10 underground parking spaces with electric gated entry. Plot size 437m2

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Location: Limassol, Limassol, Cyprus
* Internal Area: 1200sqm
* Price: €2,900,000
* VAT: N/A
* Loan Installment: €14,215

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: €2,900,000

Own Contribution (30%): €870,000

Loan Amount (70%): €2,030,000

Interest rate: 3.2%

Years of repayment: 15 years

Fox Smart Estate Agency, Registered and Licensed Estate Agency, R.N 488 L.N. 344 E