Building for Sale in Agios Vasilios, Nicosia - B-109538

Available

Building for sale EXCLUSIVELY BY FOX - Good investment with high rental yield

Building for sale EXCLUSIVELY BY FOX - Good investment with high rental yield 2

Property for Sale in Nicosia, Strovolos, Cyprus

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Internal Area (sq.m.)
500m²

Plot/land (sq.m.)
558m²

Property Details

Property Details

For Sale
Property Type: Building
Property Subtype: Mixed use
Property Label: Investment Property
Location: Nicosia, Strovolos, Cyprus
Internal Area: 500sqm
Price: €650,000
VAT: Included
Date Available From: 22nd February 2021
Loan Installment: €3,186

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: €650,000
Own Contribution (30%): €195,000
Loan Amount (70%): €455,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information

Status: Resale/Used
Age: 26 Years
Total No of Floors: 2
Plot/Land Size: 558sqm
Units: 6
Exclusive Listing: Yes
Reference: B-109538
Energy Efficiency Certificate: In Progress

Property Description

Building for sale on Kantaras Avenue comprising :
4 shops on the ground floor
2 three bedroom flats on the first floor
allowance for another 2 floors
All units are rented out and make a rental yield of over 5%
The property is promoted exclusively by FOX; Kindly contact me for further details or a viewing!