The plots are located approximately 500 meters north from Makarios III Avenue in the heart of Limassol, easily accessible from the highway and the centre of the town, close to all local amenities, banks, shops, offices, and other various facilities.
The location is perfect for a mixed use building.
One of the plots is commercial zone Eβ4 with 140% building density and the residential plot is 120% and both have a coverage of 50%.
Property Details
* For Sale
* Property Type: Plot
* Location: Limassol, Limassol, Cyprus
* Price: €1,200,000 Plus VAT
* VAT: Plus
* Date Available From: 23rd August 2018
* Loan Installment: €5,882
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: €1,200,000
Own Contribution (30%): €360,000
Loan Amount (70%): €840,000
Interest rate: 3.2%
Years of repayment: 15 years
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