Residential Plot In Agios Ioannis, Limassol, Limassol

3101 Agios Ioannis, Cyprus

Beschreibung

The plot is located in the sort after Marina area of Limassol,
The plot is a total of 433 m2 and is ideal for a small apartment building.
The location is stunning and is a 2 minute walk to the Marina.
Due to the redevelopment of the area, the values of land have increased in the area by 20% in the last year alone.
The build factor is 140%.

Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Residential
* Location: Limassol, Limassol, Cyprus
* Price: €550,000
* VAT: N/A
* Date Available From: 26th March 2021
* Loan Installment: €2,696

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: €550,000

Own Contribution (30%): €165,000

Loan Amount (70%): €385,000

Interest rate: 3.2%

Years of repayment: 15 years