Plot In Ekali, Limassol
Description
This plot with 80% build density and 45% cover ratio up to 3 floors is an amazing property to build a complex of apartments or a complex of nice, modern detached houses. The area of Nea Ekali is one of the most beautiful areas at the time, with new houses and many investors that slowly slowly start to build complex with apartments. Very close to all amenities, schools, super markets, with very easy access to the highway and the center of the town. The plot also has clear title deed.
Property Details
* For Sale
* Property Type: Plot
* Location: Limassol, Ekali, Cyprus
* Price: €1,400,000
* VAT: N/A
* Loan Installment: €6,862
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: €1,400,000
Own Contribution (30%): €420,000
Loan Amount (70%): €980,000
Interest rate: 3.2%
Years of repayment: 15 years
Price: $1,500,000
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