The land has a residential zone with a build factor of 60%
The coverage is 35% and 2 floors can be built.
There is a very nice sea view and very good access to the town and the highway.
Please contact me for more details.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Property Label: Investment Property and Development Property
* Location: Limassol, Germasogeia, Cyprus
* Price: €561,000 Plus VAT
* VAT: Plus
* Date Available From: 23rd January 2019
* Loan Installment: €2,750
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: €561,000
Own Contribution (30%): €168,300
Loan Amount (70%): €392,700
Interest rate: 3.2%
Years of repayment: 15 years
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