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Commercial Building in Kato polemidia, Limassol

for sale in Limassol, Kato Polemidia

Publish: 16 Nov 21, views: 29

Price:  €4.300.000

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Covered area (sqm)1480 sqm
Listing ID:B-114546
TypeBuilding
Title deed or under separationTitle deed for the plot with final approval
Use of buildingCommercial
No of parking spaces20
Price €4.300.000
Information from owner
Located in the Kato Polemidia area, the property is in excellent condition and has easy access to the highway and the town.
The property is currently fully occupied and is perfect to buy as an investment property.
The building consists of 4 floors of offices, one on each floor and a ground floor shop.
There are around 20 parking spaces to the rear of the property.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Location: Limassol, Kato Polemidia, Cyprus
* Internal Area: 1480sqm
* Price: €4,300,000
* VAT: N/A
* Date Available From: 16th November 2021
* Loan Installment: €19,302

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: €4,300,000

Own Contribution (35%): €1,505,000

Loan Amount (65%): €2,795,000

Interest rate: 3%

Years of repayment: 15 years

Parking-Uncovered

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

Contact Name: Nicholas Neocleous  (Business Advertiser)

region: Limassol

Show Phone
+357xxxxxxxx

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