World Luxury Home
Residential Plot In Agia Zoni, Limassol
Description
Prime property available in a prominent area of Limassol. South of Makarios Avenue and walking distance to the Town Centre, the seafront is around 1.5kms. Currently there is a house on the plot but the Owners have plans for a building consisting of four floors with three one bedroom, six two bedroom and two three bedroom apartments. Should the new Owner be interested to use these plans, then the planning permission will be issued in a shorter time period. Building density factor is high at 140% with an allowance of four floors. Please contact us for a further presentation of the plans and a site visit.
Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Residential
* Property Label: Investment Property and Development Property
* Location: Limassol, Agia Zoni, Cyprus
* Price: €600,000
* VAT: N/A
* Loan Installment: €2,941
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: €600,000
Own Contribution (30%): €180,000
Loan Amount (70%): €420,000
Interest rate: 3.2%
Years of repayment: 15 years
Price: $680,000
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Fox Smart Real Estate
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