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Mixed use Building in Omonoia, Limassol


Omonoia, Limassol

REF: B-118347
€850,000
ENQUIRE NOW
Available
Property for Sale in Limassol, Omonoia, Cyprus
Property for Sale in Limassol, Omonoia, Cyprus

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Internal Area (sq.m.)
330m2
Plot/land (sq.m.)
628m2

Property Details

Property Details
  • For Sale
  • Property Type: Building
  • Property Subtype: Mixed use
  • Location: Limassol, Omonoia, Cyprus
  • Internal Area: 330sqm
  • Price: €850,000
  • VAT: N/A
  • Loan Installment: €4,166

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: €850,000
Own Contribution (30%): €255,000
Loan Amount (70%): €595,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Age: 33 Years
  • Total No of Floors: 2
  • Plot/Land Size: 628sqm
  • Reference: B-118347
  • Energy Efficiency Certificate: In Progress

Property Description

Mixed use building, located in one of the most central roads close to Limassol Marina and Casino Resort is now available. The building which is around 33 years old, with internal covered areas 330sqm, is divided into a ground floor shop with internal area 220sqm and a 2 bedroom apartment around 110sqm. The plot which the building sits on is 628sqm, mixed use with 2 zones, commercial and residential offering a building density 140% and cover ratio 50% and an allowance to build up to 4 floors. Suitable for any investor to build shops,offices or apartment block as the area is one of the most sought after now in Limassol. It is very important to note that there is no vat.
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Eftychios Florou

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Additional Details

Zone type
Mixed Use
Building density (%)
140
Coverage ratio (%)
50
Floor allowance
4
Use of building
Mixed Use
No of parking spaces
5

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