Residential Plot In Potamos Germasogeias, Limassol
Description
The adjacent plots with a total area of 1917 sq. meters enjoying sea and city views.
Prime, exclusive location in an affluent neighbourhood, flat land for immediate build and no structural walls required.
The plots are located in the residential zone Ka9 with a building density of 40%. and a coefficient of 25%
The plots are VAT exempt.
Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Residential
* Property Label: Investment Property and Development Property
* Location: Limassol, Potamos Germasogeias, Cyprus
* Price: €1,800,000
* VAT: N/A
* Date Available From: 16th October 2020
* Loan Installment: €8,823
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: €1,800,000
Own Contribution (30%): €540,000
Loan Amount (70%): €1,260,000
Interest rate: 3.2%
Years of repayment: 15 years