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Shop in Agios dometios, Nicosia

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Ref: S-60280
Asking Price
€2,500,000
Loan Installment

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Available
Property for Sale in Nicosia, Agios Dometios, Cyprus

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Property Details
  • For Sale
  • Property Type: Shop
  • Location: Nicosia, Agios Dometios, Cyprus
  • Covered Verandas: 489sqm
  • 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:
Assumptions:
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
  • Status: Resale/Used
  • Age: 1 Year
  • Reference: S-60280
Maria Kokkalou
Mobile: (+357) 99720992

Nicosia
Address: Nicosia Georgiou Davari Office
Ground floor shop for sale of 489 sq.m. with a mezzanine of 235 sq.m. The building has an internal elevator between the mezzanine, ground floor, and two basement floors of total area of 1748 sq.m The shop is high grade with VRV climate control system, lighting control system, luxury flooring and kitchen with 3 WC on the mezzanine. The building includes central heating. It was built with a separate entrance for the provision of building a six storey building. It has a provision for the elevator to be fully functional in a 6 storey building. The Town Planning Zone is Eb3 which supports 1.60% of building density and 0.50% cover density. 1013 x 1.60%=1620-489=1131tm +verandas. The building is ideal for developing 1 bedroom apartments or studios since it is within close proximity to the European University of Cyprus.
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