Residential Building In Limassol, Limassol

Description

This beautiful project which shows a contemporary approach to housing, with a taste of tradition reflected in a nature stone facade design, is a brand-new low-rise residence with a convenient location, hidden from the roads traffic but gives a fast access to the city center.

The residence is within 3 minutes from Arch.Makarios III Avenue close to American Academy Pivate School in Apostolos Andreas area.

The building consists of seven finished apartments that will be delivered at the end of May, 2020.

The residence contains six 2-bedroom apartments with the total area of 96 to 98 m2 and a 3-bedroom penthouse with roof garden with total area of 225sqm.

A two bedroom flat has 11 m2 family bedroom, a family bathroom and a quite spacious master bedroom.
The master bedroom is 13 m2, not including the master bathroom en suite.

The three bedroom penthouse apartment with great city views, gives lots of space to a family. The total area is 225 m2 and features master en suite (master bedroom with master bathroom), two family bedrooms, a family bathroom, a covered veranda of 35 sqm plus an uncovered veranda of 22sqm.
The stairs connect the apartment to the chilling zone of the private roof garden of total area 38sqm.
The stairs are designed to let you 100% comfortably go up to the roof garden with food and drinks in your hands.

Covered parking and storage room are included for each apartment.

The building is ready to be shown upon your request.

For further information please contact us.

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Residential
* Property Label: Investment Property
* Location: Limassol, Limassol, Cyprus
* Internal Area: 560sqm
* Covered Verandas: 107sqm
* Uncovered Verandas: 60sqm
* Price: €1,840,000 Plus VAT
* VAT: Plus
* Loan Installment: €9,019

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: €1,840,000

Own Contribution (30%): €552,000

Loan Amount (70%): €1,288,000

Interest rate: 3.2%

Years of repayment: 15 years