Residential Land In Agios Loukas, Kolossi, Limassol
Description
A large residential plot 11,085 with a building density of 60% and a coverage of 35%.There are architectural plans and licenses for 26 houses.Very easy access to highway, 7 minutes into central Limassol.The plot has sea views.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Kolossi, Cyprus
* Price: €1,700,000
* VAT: N/A
* Loan Installment: €8,333
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: €1,700,000
Own Contribution (30%): €510,000
Loan Amount (70%): €1,190,000
Interest rate: 3.2%
Years of repayment: 15 years