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Warehouse / Factory in Salamina Stadium Area, Larnaca


Salamina Stadium Area, Larnaca

REF: F-09-001-00009
€600,000
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Available
Property for Sale in Larnaca, Salamina Stadium Area, Cyprus

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Property Details

Property Details
  • For Sale
  • Property Type: Warehouse / Factory
  • Location: Larnaca, Salamina Stadium Area, Cyprus
  • Price: €600,000
  • VAT: N/A
  • Loan Installment: €2,941

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: €600,000
Own Contribution (30%): €180,000
Loan Amount (70%): €420,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Reference: F-09-001-00009
  • Energy Efficiency Certificate: In Progress

Property Description

Building with 5 apartments of 3 bedrooms rented for 400 euros each per month, 3 shops of 240 sq.m. rented for 1300 euros per month with electricity and 1 basement of 240 sq.m. rented for 340 euros. Income from rents for a year is 6,5%, 43,680 euros. The price of the building is 600,000 euros.
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