Shop in Agia paraskevi, Germasogeia, Limassol

Size: 310 m² / 3,337 ft²
Address: Limassol, Cyprus

This property is a commercial space with an internal area of 310sqm, formerly used as a restaurant in Germasogeia Limassol.
It is on two plots with a total area of 401sqm, at a height of c. 2m below the road surface and are slightly inclined towards the east direction. The main entrance of the buildings is accessible via a staircase.
The immediate area of the asset comprises of residential developments.
It falls within commercial planning zone Eβ with building density coefficient of 120%, coverage coefficient of 70%, in 3 floors and a maximum height of 10m.
Property Details
* For Sale
* Property Type: Shop
* Location: Limassol, Germasogeia, Cyprus
* Internal Area: 310sqm
* Price: €185,000
* VAT: N/A
* Loan Installment: €830
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: €185,000
Own Contribution (35%): €64,750
Loan Amount (65%): €120,250
Interest rate: 3%
Years of repayment: 15 years

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