Commercial Building in Agros, Limassol

Информация от владельца
Commercial building in Agros village n Limassol District. It is located at a distance of 530 meters (approx.) southwest of Panagia Eleousa Church and 270 meters (approx.) west of 'Glafkos Clerides' sports center.

The property is situated close to all necessary services and amenities. In addition, it enjoys good access to the neighboring villages.

The building was constructed in around 1994 and had secured the necessary Building Permit as a restaurant / disco. Internally, it consists of restaurant area, office, kitchen and wc with shower. The mezzanine consists of a storage, toilets and two separate rooms.

The area of the ground floor is 280sqm (approx.) and the mezzanine 135sqm (approx.). It is situated on a large residential field of 2332sqm.

The property is vacant and it is consider an ideal investment choice.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Location: Limassol, Agros, Cyprus
* Internal Area: 280sqm
* Mezzanine: 135sqm
* Price: €310,000
* VAT: N/A
* Loan Installment: €1,520

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: €310,000

Own Contribution (30%): €93,000

Loan Amount (70%): €217,000

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