Residential Land In Agios Tychon, Limassol

Description

Beautiful flat land with outstanding sea views and private road access onto the land.
This is a dream for any developer or someone who is wanting a large plot for a villa with private access only for the specific house.(the private road onto the plot has a 6 metre width, therefore can be gated for full security.
Residential, 30% building density, 20% coefficient, panoramic flat land.
Can build one or several villas.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Agios Tychon, Cyprus
* Price: €4,500,000 Plus VAT
* VAT: Plus
* Date Available From: 21st April 2021
* Loan Installment: €22,058

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: €4,500,000

Own Contribution (30%): €1,350,000

Loan Amount (70%): €3,150,000

Interest rate: 3.2%

Years of repayment: 15 years