Mixed Used Land In Asomatos , Asomatos Lemesou, Limassol

Description

This property is a land in Asomatos village, in Limassol.

The land has an area of 54,576sqm and benefits from c. 200m and c. 180 road frontage along a public registered roads on its north and west borders respectively.

It falls within three planning zones:

- c. 13,644sqm within residential zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m

- c. 40,386sqm within protection zone Z1 with 6% building density, 6% coverage, 2 floors and a maximum height of 8,3m.

- c. 546sqm within protection zone Δ-Ζ3 with 1% building density, 2 floors and a maximum height of 8,3m.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Mixed used
* Location: Limassol, Asomatos Lemesou, Cyprus
* Price: €2,200,000
* VAT: N/A
* Loan Installment: €10,784

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: €2,200,000

Own Contribution (30%): €660,000

Loan Amount (70%): €1,540,000

Interest rate: 3.2%

Years of repayment: 15 years