Residential, Commercial Plot In Potamos Germasogeias, Germasogeia, Limassol

Description

Two Continuously joined plots with a total area of 1421sqm in one of the most popular locations in Limassol. The location is most suitable for commercial use. One of the most busy areas in the whole of Limassol. Any kind of Business would be lucky to have their offices, showroom, shops etc there. Smart investment.

Building density 100%, coverage 50% and allowance to build up to two floors.

Title deed available!

For further information and to arrange a viewing you can contact the agent.

Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Residential, Commercial
* Location: Limassol, Germasogeia, Cyprus
* Price: €4,000,000
* VAT: Included
* Loan Installment: €19,607

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: €4,000,000

Own Contribution (30%): €1,200,000

Loan Amount (70%): €2,800,000

Interest rate: 3.2%

Years of repayment: 15 years