Building for Sale in Kapsalos, Limassol - B-108144

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Commercial Building in Kapsalos, Limassol

Property for Sale in Limassol, Kapsalos, Cyprus

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Internal Area (sq.m.)
1345m²

Plot/land (sq.m.)
918m²

Property Details

Property Details

For Sale
Property Type: Building
Property Subtype: Commercial
Location: Limassol, Kapsalos, Cyprus
Internal Area: 1345sqm
Mezzanine: 170sqm
Price: €3,135,000
VAT: N/A
Loan Installment: €15,367

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: €3,135,000
Own Contribution (30%): €940,500
Loan Amount (70%): €2,194,500
Interest rate: 3.2%
Years of repayment: 15 years

More Information

Status: Resale/Used
Total No of Floors: 3
Plot/Land Size: 918sqm
Reference: B-108144
Energy Efficiency Certificate: In Progress

Property Description

The property is a three-storey commercial building located in Agia Fyla, in Limassol.

The building is currently used as a showroom and offices with total built area of 1.540 sqm and land area of 918 sqm. It comprises of a basement (c. 240 sqm), ground floor with mezzanine (385 sqm and 170 sqm respectively), first floor of 370 sqm and second floor with 180 sqm of covered space.

The immediate area consists mainly of commercial properties housing showrooms/ shops on the ground floor and offices on the upper floors. The wider area is well developed and consists of mostly residential developments with parking spaces on the ground floor and flats on the upper floors.

The building falls within the Commercial/Residential Planning Zone Eβ5/Kα5, with building density coefficient of 120%/100 %, coverage coefficient 50%/ 50% in 3 floors and 13.50 metres height.

THE PROPERTY IS CURRENTLY LEASED