Commercial Land In Tsiflikoudia, Limassol, Limassol

Description

This outstanding land is in a prime location near the new port and all arteries of Limassol.
Newly developed area with fabulous new developments within the area such as new office blocks, Limassol Casino, New Hotel, My Mall, Golf resort.
2,975m2 can be built of office spaces over 6-7 floors.
Offices and warehouses 680sqm offices and 3,463m2.
Special allowances are given and also the transfer of Building density from listed buildings is possible.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Commercial
* Location: Limassol, Limassol, Cyprus
* Price: €4,900,000
* VAT: N/A
* Date Available From: 6th August 2021
* Loan Installment: €24,018

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: €4,900,000

Own Contribution (30%): €1,470,000

Loan Amount (70%): €3,430,000

Interest rate: 3.2%

Years of repayment: 15 years