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Residential Land in Stratigou Timagia, Larnaca, Larnaca


Stratigou Timagia, Larnaca

REF: L-121950
€2,800,000
ENQUIRE NOW
Available
Property for Sale in Larnaca, Larnaca, Cyprus
Property for Sale in Larnaca, Larnaca, Cyprus

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Plot/land (sq.m.)
4470 sq.mm2

Property Details

Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Residential
  • Property Label: Development Property
  • Location: Larnaca, Larnaca, Cyprus
  • Price: €2,800,000
  • VAT: N/A
  • Date Available From: 14th January 2023
  • Loan Installment: €13,725

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: €2,800,000
Own Contribution (30%): €840,000
Loan Amount (70%): €1,960,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Total No of Floors: 3
  • Plot/Land Size: 4470 sq.msqm
  • Reference: L-121950

Property Description



Τhe land for sale is a prime location for residential development. Τhe land is suitable for the development of houses or apartment buildings. The land is property spans a large area, providing ample space for a variety of different residential units. Τhe area surrounding the land is already developed with residential properties, making it an attractive location for new construction. Τhe land is also located in a desirable part of the city, with easy access to amenities such as shopping centres, schools and parks. Τhis is a great opportunity for developers to create a vibrant and thriving community in a prime location. I can suggest development ideas and a feasibility study with the advice of an architect, free of charge.
Available for viewing by appointment . Please call 357-99 622002 for more information.
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Costas Demetriou

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Additional Details

Zone (ie. H2)
Ka4
Zone type
Residential
Building density (%)
120%
Coverage ratio (%)
50%
Floor allowance
3
Title deed or under separation
Has title deed

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