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Tourist Land in Agios tychon, Limassol

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Ref: L-96781
Asking Price
€12,500,000 Plus VAT
Loan Installment

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Available
Property for Sale in Limassol, Agios Tychon, Cyprus

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Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Tourist
  • Location: Limassol, Agios Tychon, Cyprus
  • Price: €12,500,000 Plus VAT
  • VAT: Plus
  • Date Available From: 21st September 2018
  • Loan Installment: €59,289

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: €12,500,000
Own Contribution (35%): €4,375,000
Loan Amount (65%): €8,125,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 16846sqm
  • Reference: L-96781
Nicholas Neocleous
Mobile: (+357) 96312218

Limassol
Address: Limassol Molos Office
The land is located in the Agios Tyconas area of Limassol and has a fantastic sea view.
The building density is 40% and has a coverage of 25%.
As the land is 16846 m2, the land is perfect for a large project with approximately 6600 m2 of buildable area.
The land is less than 100 m from the sea front.
Attributes
Zone (ie. H2)
T2d2
Zone type
Tourist
Building density (%)
40%
Coverage ratio (%)
25%
Floor allowance
2
Title deed or under separation
YES

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