Mixed Used Land In Tsiflikoudia, Limassol, Limassol
Description
A great investment opportunity in the sought after location of the Historical area of Limassol and the New Port.
Plot size 16,016m2
90% building density and 60% coverage, allowing a large project of commercial or mixed use to be built in this area with further Government incentives being offered.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Mixed used
* Property Label: Investment Property and Development Property
* Location: Limassol, Limassol, Cyprus
* Price: €12,000,000
* VAT: N/A
* Date Available From: 11th March 2020
* Loan Installment: €58,820
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: €12,000,000
Own Contribution (30%): €3,600,000
Loan Amount (70%): €8,400,000
Interest rate: 3.2%
Years of repayment: 15 years