Plot In Agia Paraskevi, Germasogeia, Limassol

Description

Available New on the market, a large Residential Double Corner Plot of Land, Located in Germasogiea Limassol.
A quite stunning land with the most amazing unobstructed panoramic sea, mountain and city views.
Sat high above Limassol and just a 5 minute drive to city centre and the beach.
This is a 1921sqm corner plot with two clean separated titles deeds, serviced by two roads,.with 60% build density and 35% cover area.
With a already constructed retaining walls at 50,000 euros cost and plans for a luxury Villa in place, this is a unique opportunity to purchase a spectacular unique double plot in a plush sought after location with the most amazing panoramic sea views.

Property Details
* For Sale
* Property Type: Plot
* Location: Limassol, Germasogeia, Cyprus
* Price: €2,200,000
* VAT: N/A
* Date Available From: 18th May 2019
* Loan Installment: €10,784

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: €2,200,000

Own Contribution (30%): €660,000

Loan Amount (70%): €1,540,000

Interest rate: 3.2%

Years of repayment: 15 years