Sotiros, Larnaca
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: €3,950,000
Own Contribution (30%): €1,185,000
Loan Amount (70%): €2,765,000
Interest rate: 3.2%
Years of repayment: 15 years
Commercial Building in Larnaca Centre.
Complete Building is rented out with contract terms and with a very good return yield.
Each floor area:
Ground Floor 379m2
Mezzanine 166m2
First floor 394m2
Second floor 387m2
Third floor 335m2
Fourth floor 307m2
Fifth floor 255m2
Total Internal area 2,223m2
Covered veranda Area 118m2
Covered Roof top seating area & kitchen facilities.
Basement & Ground floor parking.
*TRANSFER OF THE COMPANY SHARES CAN APPLY THUS AVOIDING TRANSFER FEES AT THE LAND REGISTRY.
For further details please contact agent on +357-99640461