Residential Land In Agios Tychon, Limassol
Description
Fantastic piece of land located at the beginning of Agios Tyconas village.
The land is perfect for a small development of 5 to 6 houses and is perfectly located due to its proximity to the highway and the sea front.
Roads and infrastructure in place and ready to go.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Property Label: Investment Property and Development Property
* Location: Limassol, Agios Tychon, Cyprus
* Price: €1,100,000 Plus VAT
* VAT: Plus
* Date Available From: 7th February 2020
* Loan Installment: €5,392
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: €1,100,000
Own Contribution (30%): €330,000
Loan Amount (70%): €770,000
Interest rate: 3.2%
Years of repayment: 15 years