Land for Sale in Deftera, Nicosia - L-97823

Available

For Sale Residential Land 6,600sq.m in Deftera, Nicosia

For Sale Residential Land 6,600sq.m in Deftera, Nicosia 2

For Sale Residential Land 6,600sq.m in Deftera, Nicosia 3

Property for Sale in Nicosia, Deftera, Cyprus

ADD TO SHORTLIST

DOWNLOAD PDF

Enquire about this property

Share this property

Plot/land (sq.m.)
6600m²

Property Details

Property Details

For Sale
Property Type: Land
Property Subtype: Residential
Location: Nicosia, Deftera, Cyprus
Price: €550,000
VAT: N/A
Date Available From: 1st December 2018
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: 6600sqm
Reference: L-97823

Property Description

This 6600 sq.m. of residential land is located at Kato Deftera, near Lapatsa area, 25-30 min by car from Nicosia. It is located on the main road Tseri - Deftera.

The property has a building license and all relevant licences for children's entertainment park of 1400 sq.m. with restaurant license with 150 seats as well. All studies from architect and civil engineer have been done.

The land has paid three-phase electricity 40 KNA, own water well and own road.

It is a very good option for a developer as well - could be combined with property L-97872 for dividing it into plots . The land has 60% building density, coverage ratio 35% with allowance of 2 floors up to 8,3 m height.