Residential Land In Agios Tychon, Limassol

Description

Residential Land in Ay Tychonas With Road access, water and electricity. Panoramic land of 4028m2 located on the hills of Agios Tychonas, with breathtaking sea and Mountain View. The hill is being rabidly transformed into a luxury residential area, enjoying spectacular views while driving distance to the picturesque sea shores of ancient Amathounta is less than 5 minutes. Spacious and unique designed residential buildings are spreading across the hill top.The land is just 5 minutes' drive to the seafront and to famous restaurants, cafes and bars. Allowance for a two level house, basement and roof garden/loft. Cover Ratio:25%, Building Density:40%, road access, water and electricity.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Agios Tychon, Cyprus
* Price: €600,000
* VAT: N/A
* Loan Installment: €2,941

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: €600,000

Own Contribution (30%): €180,000

Loan Amount (70%): €420,000

Interest rate: 3.2%

Years of repayment: 15 years