Plot In Mouttagiaka, Limassol

Description

Big plot 3000sqm for sale in one of the most exclusive area of Limassol in Mouttagiaka area on tourist area. The plot is located 200 meters away from the beach and 100 meter away from the new project I Home of Athanasiou. The plot is divided and could be sold as two separate plots. in one case the owner can sell a piece of 2000sqm with asking price €2400000 or he can also sell the whole piece which is 3000 sqm. In that case the owner is asking €4400000 because inside the 1000sqm there are two houses. In each case both price are negotiables. The plot has cover ratio 25% and build density 60% up to 3 floors. Suitable for complex of apartments or complex of villas.

Property Details
* For Sale
* Property Type: Plot
* Location: Limassol, Mouttagiaka, Cyprus
* Price: €2,400,000
* VAT: N/A
* Loan Installment: €11,764

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: €2,400,000

Own Contribution (30%): €720,000

Loan Amount (70%): €1,680,000

Interest rate: 3.2%

Years of repayment: 15 years