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: €90,000 Own Contribution (30%): €27,000 Loan Amount (70%): €63,000 Interest rate: 3.2% Years of repayment: 15 years
Age: 42 Years
Total No of Floors: 1
Plot/Land Size: 70sqm
Energy Efficiency Certificate: D
This is an opportunity to purchase two older style shops next to each other, one is 30 sqm and the other is 40 sqm with a 25 sqm veranda, situated in the centre of the village of Agios Amvrosios close to the church and a coffee shop. It is 10 minutes drive to the popular residential area of Souni and there is easy access to the highway and around 25 minutes drive to the centre of Limassol. Water and Electricity is supplied for both shops. These shops can be combined as one and made into a supermarket of convenience store or if preferred can be knocked down and the plot used a residential to build a house. The local bus stop is right outside that commutes from the village to Limassol and opposite is a big plot that can be used for parking spaces. VAT may be applicable.