Commercial Plot In Limassol, Limassol

PROP.DESCRIPTION

Nice big plot for mixed use located in Limassol, Agios Ioannis area, in one of the most central and well known roads of the town is now available. The plot is square shaped, 1086sqm with 140% building density, 50% cover ratio with an allowance tgup to 4 floors. Suitable for commercial or residential use.

Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Commercial
* Location: Limassol, Limassol, Cyprus
* Price: €1,050,000 Plus VAT
* VAT: Plus
* Date Available From: 21st February 2020
* Loan Installment: €5,147

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: €1,050,000

Own Contribution (30%): €315,000

Loan Amount (70%): €735,000

Interest rate: 3.2%

Years of repayment: 15 years