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Residential Land in Astromeritis, Nicosia


Astromeritis, Nicosia

REF: L-67965
€550,000
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Available
Property for Sale in Nicosia, Astromeritis, Cyprus

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Plot/land (sq.m.)
8697m2

Property Details

Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Residential
  • Location: Nicosia, Astromeritis, Cyprus
  • Price: €550,000
  • VAT: N/A
  • Loan Installment: €2,696

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: €550,000
Own Contribution (30%): €165,000
Loan Amount (70%): €385,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 8697sqm
  • Reference: L-67965

Property Description

This residential piece of land is situated in Astromeritis village. It lies within H2 zone with 90% building density and 50% coverage ratio, with allowance for 2 floors building. There are 2 title deeds and a permit for the separation and construction of 9 residential plots of approximately 700 sqm each. There are also ready made drawings for building of one or two houses, on the same plot. Ideal for a developer.
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Nicosia AS Office

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Additional Details

Zone (ie. H2)
H2
Building density (%)
50%

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