Building in Strovolos, Nicosia

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Ref: B-72664
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Loan Installment

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Property for Sale in Nicosia, Strovolos, Cyprus

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Property Details
  • For Sale
  • Property Type: Building
  • Location: Nicosia, Strovolos, Cyprus
  • Internal Area: 3570sqm
  • Price: €4,800,000
  • VAT: N/A
  • Loan Installment: €22,767

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:
Closing Price: €4,800,000
Own Contribution (35%): €1,680,000
Loan Amount (65%): €3,120,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Property Floor: 2
  • Plot/Land Size: 6423sqm
  • Reference: B-72664
Despo Seraphim
Mobile: (+357) 96380010

Address: Nicosia Georgiou Davari Office
Commercial Building for sale in a Central area in Strovolos. The property for sale is two land parcels which there is a commercial building on the front land parcel adjacent to the main road. The back land is empty. The land is of 6,423 sq.m. A small area is in the Commercial Zone Eb4 planning zone and the most of it is in Ka5 Residential planning zone. The building is of 3,570 sq.m internal areas. The southeast part of the building is of two floors. It consists of an open plan show room 2 storage rooms. On the first floor there is also an open plan show room and office space. The north-west part of the building consists of an open plan show room area. It is of single level and is of a metal construction. It is fully air conditioned with a VRV system quality finishes and in an excellent condition. There is also an option of the owner to keep using it as a tenant and it is ideal for investment purposes. Concluding it can be bought for passport/residency cases as it is of high value.
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