Residential, Commercial Plot In Agios Ioannis , Limassol

Description

Prime piece of land available in the Agios Ioannis area of Limassol. The plot enjoys two zones. The front plot borders a main road and is in a commercial zone. The second plot falls within a residential zone. Both boast a 140% building density factor, 50% coverage and 4 floors. Close proximity to Makarios Avenue, five minutes to the New Port, five minutes to the Old Port and Limassol Marina, and just 10 minutes to the City of Dreams Casino. Please call for further information and a viewing.

Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Residential, Commercial
* Location: Limassol, Agios Ioannis, Cyprus
* Price: €1,250,000 Plus VAT
* VAT: Plus
* Loan Installment: €6,127

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: €1,250,000

Own Contribution (30%): €375,000

Loan Amount (70%): €875,000

Interest rate: 3.2%

Years of repayment: 15 years