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Mixed use Building in Potamos Germasogeias, Limassol


Potamos Germasogeias, Limassol

REF: B-100353
€6,500,000
ENQUIRE NOW
Available
Property for Sale in Limassol, Potamos Germasogeias, Cyprus
Property for Sale in Limassol, Potamos Germasogeias, Cyprus
Property for Sale in Limassol, Potamos Germasogeias, Cyprus
Property for Sale in Limassol, Potamos Germasogeias, Cyprus
Property for Sale in Limassol, Potamos Germasogeias, Cyprus

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Internal Area (sq.m.)
3400m2
Plot/land (sq.m.)
1671m2

Property Details

Property Details
  • For Sale
  • Property Type: Building
  • Property Subtype: Mixed use
  • Property Label: Investment Property and Development Property
  • Location: Limassol, Potamos Germasogeias, Cyprus
  • Internal Area: 3400sqm
  • Price: €6,500,000
  • VAT: N/A
  • Loan Installment: €31,861

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: €6,500,000
Own Contribution (30%): €1,950,000
Loan Amount (70%): €4,550,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Pool: Yes
  • Status: Resale/Used
  • Age: 34 Years
  • Total No of Floors: 3
  • Plot/Land Size: 1671sqm
  • Units: 40
  • Reference: B-100353
  • Energy Efficiency Certificate: In Progress

Property Description

These 2 buildings are next to each other and are located at the heart of tourist area at Potamos Germasogia, yet in a very private and quiet neighborhood. (2 bed/1 bed/studio, plus all common/working areas and offices)
Its a great investment since very few buildings are out for sale in the area with this potentials, plus its an already up running business with all licences approved.
Both buildings are in a great condition and the pool has been renovated.
All rooms are renewed and refurnished ready to be used. Fully equipped.
Can remain as is or transformed to apartments or even rebuild a new building.
Please call us for more details.
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Andri Anastasi

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Additional Details

Zone (ie. H2)
KG7b
Zone type
Mixed Use
Building density (%)
80
Coverage ratio (%)
45
Floor allowance
3
Title deed or under separation
Title deed issued
Use of building
Mixed Use
Air Conditioning

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