Office in Nisou, Nicosia

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Ref: O-60607
Asking Price
Loan Installment

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Property Details
  • For Sale
  • Property Type: Office
  • Location: Nicosia, Nisou, Cyprus
  • Internal Area: 1070sqm
  • Price: €2,500,000
  • VAT: N/A
  • Loan Installment: €11,858

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: €2,500,000
Own Contribution (35%): €875,000
Loan Amount (65%): €1,625,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Furnished: Yes
  • Status: Resale/Used
  • Age: 1 Year
  • Reference: O-60607
Dimitris Vasiliou
Mobile: (+357) 99478911

Address: Nicosia Georgiou Davari Office
The assets that are for sale consists of a 2 storey premises divided into classrooms, offices, reception areas, kitchen, bathrooms, store rooms e.t.c. and is builded in the year 2000 approximately. The land that the school builded is 1,410 square meters. For the school land the building coefficient zone is 90% and 50% coverage for 2 floors up to 10 meters high.Along with it there are another two pieces of land very near the schools premises that are used for basketball fields, other athletic activities and also for parking space. The land opposite the school is 1190 square metes and its also building coefficient zone is 90% and 50% coverage for 2 floors up to 10 meters high. The other land is few meters to the west side of the school and its 1169 square meters building coefficient zone is 120% and 70% coverage for 2 floors up to 7 meters high.The school is for sale as a package along with the two extra pieces of land that used to be a part of the school. Overall the buildings are in very good condition and can be expanded or be used differently. For example it can be used as a tutorial school, Gymnastic school, kindergarden, hostel, College, hospital etc.Please call to arrange viewing and to give you more information details with plans, title deeds etc.

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