For Sale 4 Bedroom Detached House In Pyrgos Lemesou, Limassol

Description

This excellent villa is ideally suited for the discerning buyer who truly appreciates the luxury of spacious accommodation and places a premium on privacy and quiet living. Yet the large garden (with kiosk) which surrounds the swimming pool at the front of the villa is also ideal for holding summer parties for friends and corporate colleagues..
Built in a quiet, picturesque and serene location with front sea and rear mountain views, the property is only 7minutes drive from the Grand Resort and St Raphael hotel area and 15 minutes from the centre of Limassol.
The villa of 300m2 comes with a plot of 5600m2 of currently classified agricultural land with a permitted 6% building density. This also provides an excellent investment opportunity because Pyrgos local authority has applied to central government to reclassify the zone and increase the permitted building density. When as is likely this happens, at least half of the land may either be sold off as a separate plot with its own building rights, or further developed.
The property is accessed via electronic gates equipped with security camera and is surrounded by a large, and beautifully landscaped garden and orchard of mixed fruit trees. The garden, orchard and swimming pool are supplied with water from the property's own private well and controlled by its automatic irrigation system. An impressive long and winding drive from the gates leads to covered and uncovered parking areas for 4 vehicles.
GENERAL The property comes with Full Title Deeds. It is fitted with AC and under floor central heating throughout and the water supply is heated by solar panels. Sold with all appliances. Furniture can be additionally negotiated.
GROUND FLOOR
The ground floor features a very large and excellently designed open plan space with Kitchen, Dining, and Living room areas. The living and dinning room areas have full height sliding glass doors opening on to the patio overlooking the front gardens.
KITCHEN Modern and fully fitted kitchen with appliances, granite work tops, and generous cupboard space.
UTILITY ROOM: Adjoining the kitchen is a separate utility room with washing machine, sink and additional cupboard space..
LIVING / SITTING ROOM Light and spacious living room area with feature shelving. Guest cloak room.
GROUND FLOOR BEDROOM: Self contained double bedroom with fitted cupboards and en-suite bathroom. Sliding glass doors opening on to rear patio and garden
Impressive granite staircase from living room leading to the first floor.
FIRST FLOOR
This accommodates Master bedroom, and a further 2 double bedrooms, bathroom, an Office , and a further single bedroom/playroom currently used as a gym.
i. MASTER BEDROOM: Huge king size bedroom, with balcony. Frontal sea and side mountain views. Walk in wardrobes, with very generous cupboard space and full length front and rear vanity mirrors. Large en-suite bathroom with full width mirrored vanity unit.
ii DOUBLE BEDROOM with sea view balcony overlooking swimming pool and front garden. Fitted wardrobes.
iii DOUBLE BEDROOM with side and rear mountain views. Fitted Wardrobes
iv SINGLE BEDROOM: with rear mountain view currently used as a gym but can be used as a playroom or small bedroom with single bed.
Fully tiled bathroom with Jacuzzi. and over head shower. Mirrored vanity unit.
STUDY Good size study with sliding glass doors, overlooking the front with sea view.. Plenty of fitted wall / book shelving.

Property Details
* For Sale
* Property Type: House
* Property Subtype: Detached
* Location: Limassol, Pyrgos Lemesou, Cyprus
* Internal Area: 300sqm
* Covered Verandas: 40sqm
* Uncovered Verandas: 20sqm
* Bedrooms: 4
* Bathrooms: 3
* No of WCs: 1
* Price: €1,700,000
* VAT: N/A
* Date Available From: 6th September 2019
* Loan Installment: €4,841

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: €1,700,000

Own Contribution (25%): €425,000

Loan Amount (75%): €1,275,000

Interest rate: 2.2%

Years of repayment: 30 years