For Sale 5 Bedroom Detached Villa In Limassol

Description

A stunning set of luxury villas on the south coast of Cyprus the island of beauty and love. Thea Residence is nestled on prime hilltop property, affording breath-taking views of the South Mediterranean sea of Limassol. Modern Mediterranean style villas is situated just a few minutes from blue flag sandy beaches, and overlooks prestigious resorts including the Saint Raphael Hotel and Marina. Thea Residence is an exclusive and secure gated development having immediate access to main transport routes for Larnaca, Nicosia and the city of Limassol.
Villa No 5 has 4 bedrooms plus a maid's room, all with private bathroom and the master room with walk in closet. There are 3 parking spaces which two of them are covered. A private swimming pool, a laundry and a garden room. On the first floor there is an office, a cloakroom and the guest room. A separate kitchen with dinning area and a huge veranda looking over the garden. The villa is fully sea view.

Property Details
* For Sale
* Property Type: House
* Property Subtype: Detached
* Location: Limassol, Limassol, Cyprus
* Internal Area: 625sqm
* Covered Verandas: 239sqm
* Bedrooms: 5
* Bathrooms: 4
* No of WCs: 6
* Price: €3,500,000 Plus VAT
* VAT: Plus
* Date Available From: 31st December 2020
* Loan Installment: €9,967

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: €3,500,000

Own Contribution (25%): €875,000

Loan Amount (75%): €2,625,000

Interest rate: 2.2%

Years of repayment: 30 years