Land In Pentakomo, Limassol
Description
Seafront property available in the lovely location of Governor's Beach. One of a few prime beachfront properties available on the Island. Enjoys a 50% building density factor, 25% coverage and an allowance of 3 floors. There is an existing business on the land and is ideal for a residential complex. Just 20kms to Limassol, 40kms to Larnaca and 60kms to Nicosia. Please call for further information.
Property Details
* For Sale
* Property Type: Land
* Location: Limassol, Pentakomo, Cyprus
* Price: €6,000,000 Plus VAT
* VAT: Plus
* Loan Installment: €29,410
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: €6,000,000
Own Contribution (30%): €1,800,000
Loan Amount (70%): €4,200,000
Interest rate: 3.2%
Years of repayment: 15 years