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Commercial Building in Limassol, Limassol

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Ref: B-80220
Asking Price
€3,260,000 Plus VAT
Loan Installment

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Available
Property for Sale in Limassol, Limassol, Cyprus

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Property Details
  • For Sale
  • Property Type: Building
  • Property Subtype: Commercial
  • Location: Limassol, Limassol, Cyprus
  • Internal Area: 237sqm
  • Price: €3,260,000 Plus VAT
  • VAT: Plus
  • Date Available From: 16th March 2018
  • Loan Installment: €15,462

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: €3,260,000
Own Contribution (35%): €1,141,000
Loan Amount (65%): €2,119,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Status: New
  • Age: 2015 Years
  • Floors: 4
  • Plot/Land Size: 1692sqmsqm
  • Exclusive: No
  • Reference: B-80220
Limassol Molos Office

Limassol
Address: Limassol Molos Office
The property is a 4-year old commercial building situated in a prime location in Limassol.The asset consists of two underground parking areas offering 16 parking spaces, serviced by a car elevator, a ground floor with mezzanine and four upper floors. The 4th floor is owned by a third party.

The total area of the owned units is: basements 337 sqm each, ground floor 237 sqm, mezzanine 154 sqm, 1st -3rd floor 209 sqm each. The building has been constructed with high quality materials and it is in good condition.

The immediate area consists of mixed residential and commercial developments, with buildings consisting of shops/restaurants/showrooms on the ground floor and offices/apartments on the upper floors and houses.

The property falls within the Commercial Planning Zone Εβ3α, with maximum building density coefficient 160%, land coverage coefficient 50%, in 4 floors and 17 meters height.

The price is subject to VAT.
Attributes
Zone (ie. H2)
Εβ3α,
Zone type
Commercial
Building density (%)
160%,
Coverage ratio (%)
50%
Use of building
Commercial
No of parking spaces
16

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