Residential Land In Mouttagiaka, Limassol

Description

Available now on the market! This is an amazing residential piece of land, accented by its surrounding panoramic views.
With sea views at a distance, the land offers a 30% building density on a vast land of 12208m2, a 20% cover ratio and an allowance to build up to two floors of 8.3m in height. Road is accessible by two roads which are parallel to each other. An excellent opportunity which shouldn't be ignored. Call us now to arrange your viewing.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Mouttagiaka, Cyprus
* Price: €3,950,000
* VAT: N/A
* Date Available From: 3rd October 2019
* Loan Installment: €19,362

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: €3,950,000

Own Contribution (30%): €1,185,000

Loan Amount (70%): €2,765,000

Interest rate: 3.2%

Years of repayment: 15 years