Commercial Plot In Agia Napa, Limassol
Description
A large corner plot with existing buildings in the heart of the Historical town of Heros Square.
93% has a building density of 1.2 and a coefficient of 0.7 allowing 7 metre height.
7% has a building density of 1.6 and a coefficient of 0.7 allowing 10 metre height.
Extra building density from listed buildings would allow further extension to build.
Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Commercial
* Location: Limassol, Agia Napa, Cyprus
* Price: €4,000,000
* VAT: N/A
* Date Available From: 16th October 2020
* Loan Installment: €19,607
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: €4,000,000
Own Contribution (30%): €1,200,000
Loan Amount (70%): €2,800,000
Interest rate: 3.2%
Years of repayment: 15 years
Price: $4,290,000
![Agent Photo](https://www.foxrealty.com.cy/assets/content/agents/2614/thumbs/1.jpg)