Residential Land In Agios Tychon, Limassol
Description
Unobstructed panoramic sea view land located on the top of a hill opposite the sea in Ayios Tychonas area.The land is only 2 minutes by car from the beach with full access to the main road with all facilities (Electricity, water, telecommunications, sewerage etc.).The total size is 5,087m2. It's situated in residential area with high building density of 90% build,50% coverage and 2 floors height.Title deed free of mortgage.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Agios Tychon, Cyprus
* Price: €1,550,000
* VAT: N/A
* Loan Installment: €7,598
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: €1,550,000
Own Contribution (30%): €465,000
Loan Amount (70%): €1,085,000
Interest rate: 3.2%
Years of repayment: 15 years