Residential Plot For Sale With Approved Plans And Building Permission
Description
Fantastic plot now available and being offered with approved plans and building license.
The plans are for 5 one bedroom apartments, two 2 bedroom apartments and a large three bedroom penthouse apartment.
The density is 120% and the coverage is 50% with 3 floors allowed to be built.
The property is located north of Makarios avenue.
Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Residential
* Location: Limassol, Mesa Gitonia, Cyprus
* Price: €690,000
* VAT: N/A
* Date Available From: 23rd July 2021
* Loan Installment: €3,382
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: €690,000
Own Contribution (30%): €207,000
Loan Amount (70%): €483,000
Interest rate: 3.2%
Years of repayment: 15 years