Land In Kato Polemidia, Limassol
Description
Beautiful piece of land in a fantastically located area of Kato Polemidia.
Building Density of 100% as well as a coverage ratio of 50%.
In a planning zone of Ka5 in which you can build up to 3 floors with a height of 13.5 metres, therefore an excellent opportunity for a block of apartments etc.
This land may be subject to VAT.
Please call for viewings or further information.
Property Details
* For Sale
* Property Type: Land
* Location: Limassol, Kato Polemidia, Cyprus
* Price: €1,050,000
* VAT: N/A
* Loan Installment: €5,147
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: €1,050,000
Own Contribution (30%): €315,000
Loan Amount (70%): €735,000
Interest rate: 3.2%
Years of repayment: 15 years