Residential Land In Agios Athanasios, Limassol

Description

The property is a residential land in Agios Athanasios area, in Limassol. It is located in a quiet, advance residential area of Panthea.

It is located on a hill and close to all necessary services and amenities. The locality of the property is characterized by empty residential land/plots and some detached houses of good quality.

It has an irregular shape, a slopping land surface and is llandlocked, however it is situated only a short distance from the closest public registered road. It has a sea view from a distance.

The low building density factor of the area is a guarantee for an organized building and living environment.

It is considered an ideal choice for investment.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Agios Athanasios, Cyprus
* Price: €1,050,000 Plus VAT
* VAT: Plus
* 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