Plot For Sale
Description
This plot which is 1295sqm is now on market for sale. The plot is located near the port, in Omonoia one of the most central and well known areas of Limassol, The plot has cover ratio 50% with 100% building density, and allowance to build up to 4 floors, but many buildings next to it have license and build 5 floors. The plot also has mixed use commercial and residential. Suitable to build shops, offices and apartments. Great oportunity for investment. Asking price 1942000 euro.
Property Details
* For Sale
* Property Type: Plot
* Location: Limassol, Limassol, Cyprus
* Price: €1,942,000
* VAT: N/A
* Loan Installment: €9,519
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: €1,942,000
Own Contribution (30%): €582,600
Loan Amount (70%): €1,359,400
Interest rate: 3.2%
Years of repayment: 15 years
Price: $2,080,000
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