Plot In Katholiki, Limassol
Description
The plot is located in Katholiki area one of the most commercial areas near many shops,university and amenities.The plot has an area of 521sq.m with the building density is 160% ,70% cover ratio and allowance to build up to 3 floors. The plot also come with a planning permit of a building with 24 studios and 8 lofts.
Property Details
* For Sale
* Property Type: Plot
* Location: Limassol, Katholiki, Cyprus
* Price: €1,500,000 Plus VAT
* VAT: Plus
* Date Available From: 25th August 2020
* Loan Installment: €7,353
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: €1,500,000
Own Contribution (30%): €450,000
Loan Amount (70%): €1,050,000
Interest rate: 3.2%
Years of repayment: 15 years
Price: $1,610,000
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