World Luxury Home
Residential Land In Pissouri, Limassol
Description
Large plot of land on the tourist road of Pissouri, towards the Columbia hotel, offering 15,720 sqm land with 20% building density and 20% coefficient. A true investment for any development allowing 2 floors 8.3 metres height. Due to the size of the land and the location, the government give special incentives for the area.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Property Label: Investment Property and Development Property
* Location: Limassol, Pissouri, Cyprus
* Price: €850,000 Plus VAT
* VAT: Plus
* Loan Installment: €4,166
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: €850,000
Own Contribution (30%): €255,000
Loan Amount (70%): €595,000
Interest rate: 3.2%
Years of repayment: 15 years
Price: $963,000
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Fox Smart Real Estate
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