Commercial Land In Monovolikos, Limassol
Description
Commercial land available in the Monovolikos area of Ypsonas.
The building density on 88% of the land is 100% and a coverage of 50% with three floors allowed to be built.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Commercial
* Property Label: Development Property
* Location: Limassol, Monovolikos, Cyprus
* Price: €1,300,000 Plus VAT
* VAT: Plus
* Date Available From: 24th January 2020
* Loan Installment: €6,372
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: €1,300,000
Own Contribution (30%): €390,000
Loan Amount (70%): €910,000
Interest rate: 3.2%
Years of repayment: 15 years