Residential Plot In Kato Polemidia, Limassol

Description

Available three adjacent plots in Kato Polemidia area, in Limassol.

The plots have an area of 625sqm, 606sqm and 641sqm for a combined total area of 1,872sqm. The plots enjoy a road frontage.

They are covered by all utility services (water, telecommunications, and electricity).

The immediate area of the properties comprises of residential, commercial, industrial developments.

They fall within two planning zones, with the following characteristics:

For plot 606sqm residential Κα5: Building density coefficient of 100%, coverage coefficient 50%, in 3 floors and 13,5m height.

For plots 625sqm & 641sqm industrial Eβ6: Building density coefficient of 100%, coverage coefficient 50%, in 3 floors and 13.5m height.

THE PROPERTY IS SUBJECT TO VAT.

Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Residential
* Location: Limassol, Kato Polemidia, Cyprus
* Price: €872,000 Plus VAT
* VAT: Plus
* Loan Installment: €4,274

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: €872,000

Own Contribution (30%): €261,600

Loan Amount (70%): €610,400

Interest rate: 3.2%

Years of repayment: 15 years