If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.
Loan Installment Calculations:
Closing Price: €3,500,000
Own Contribution (35%): €1,225,000
Loan Amount (65%): €2,275,000
Interest rate: 3.8%
Years of repayment: 15 years
This outstanding luxurious piece of residential land overlooks the Ancient Amathounta
The land stands out due to its elevated position which commands incomparable breathtaking panoramic view. It is among the most privileged in the region of east Limassol, situated at the ridge of a hill in Agios Tychonas, enjoying both a mountain view and a magnificent sea view of the bay of Limassol, St. Raphael hotel - Malindi bay and the ancient Amathus bay. The area is famous for residential construction of highly aesthetic value.
This residential land is 10063 square metres with a 20% building density and 15% coverage ratio in a Ka11 Planning Zone.
You can build a building consisting of 2 floors with a maximum height of 10 metres.
The official register of the newly finished road with its glamorous illuminated tiled sidewalks is expected soon after submitting an application of final approval (by the 19th of April, 2019).
Distance from Ancient Amathus bay Bay is only 4 min by car.
Please call for viewings.