Building for Sale in Nicosia, Nicosia - B-99361

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For Sale Commercial 6 Floors Building in Nicosia Centre

Property for Sale in Nicosia, Nicosia Centre, Cyprus

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Internal Area (sq.m.)
2000m²

Plot/land (sq.m.)
1029m²

Property Details

Property Details

For Sale
Property Type: Building
Property Subtype: Commercial
Property Label: Investment Property
Location: Nicosia, Nicosia Centre, Cyprus
Internal Area: 2000sqm
Price: €3,600,000
VAT: N/A
Loan Installment: €17,646

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: €3,600,000
Own Contribution (30%): €1,080,000
Loan Amount (70%): €2,520,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information

Status: Resale/Used
Age: 34 Years
Total No of Floors: 6
Plot/Land Size: 1029sqm
Reference: B-99361
Energy Efficiency Certificate: In Progress

Property Description

Commercial 6 Floors Building that is rented to be sold as investment. Earning 193,000euro rent yearly therefore producing 5.4% Yield. Excellent investment and also suitable for Citizenship Program.