Residential Land In Agia Filaxi, Agia Fylaxis, Limassol

Description

Residential land in a quiet and purely residential area in Agia Fyla, in Limassol.

The property is situated close to amenities and services and it has easy access to the motorway.

It has an irregular and a smooth surface with a slight slope to the northwest. It abuts onto a public road along its eastern boundary with a frontage of 80 meters.

It lies within two town planning zones - 39% of the property is in the residential zone Ka6 with a building density of 90% and 61% of the property is in the residential zone Ka7 with a building density of 80%.

There has been an increased demand for land in the surrounding area in recent years due to its well-structured building environment and the easy access to the center and the motorway.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Agia Fylaxis, Cyprus
* Price: €590,000 Plus VAT
* VAT: Plus
* Loan Installment: €2,892

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: €590,000

Own Contribution (30%): €177,000

Loan Amount (70%): €413,000

Interest rate: 3.2%

Years of repayment: 15 years