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RESIDENTIAL BUILDING-Citizenship / Permanent Residency Package in Skala, Larnaca

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Ref: B-100110
Asking Price
€2,750,000
Loan Installment

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Available
Property for Sale in Larnaca, Skala, Cyprus

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Property Details
  • For Sale
  • Property Type: Citizenship / Permanent Residency Package
  • Property Label: Investment Property
  • Location: Larnaca, Skala, Cyprus
  • Internal Area: 891sqm
  • Price: €2,750,000
  • VAT: N/A
  • Date Available From: 26th June 2019
  • Loan Installment: €12,391

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: €2,612,500
Own Contribution (35%): €914,375
Loan Amount (65%): €1,698,125
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Status: New
  • Floors: 5
  • Plot/Land Size: 595sqm
  • Units: 13
  • Reference: B-100110
Stelios Stylianou
Mobile: (+357) 99640461

Larnaca
Address: Larnaca, Aradippou Office Eleftherias
For sale New Apartment block in the center of Larnaca town

The building will be completed in the first quarter of 2020, the property location is within a few minutes walk to the main shopping area of Ermou street and the sea front.
Total of 13 apartments, Twelve 2 bedrooms and One 3 bedroom Apartment on the 5th floor.

Due to its prime location this property has great benefits with High rental returns for either long term rental or Airbnb.

The RICS Valuation on this completed project is €3,500,000

No VAT or transfer fees will apply as the shares of the company will be transferred onto the new potential owner.
Attributes
Parking-Covered
Parking-Uncovered
Zone (ie. H2)
Πα6
Zone type
Residential
Title deed or under separation
With Title deed
No of parking spaces
15

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