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Residential Land in Limassol, Cyprus

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Ref: L-06-004-00010
Asking Price
€5,000,000
Loan Installment

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Available
Property for Sale in Limassol, Limassol, Cyprus

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Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Residential
  • Location: Limassol, Limassol, Cyprus
  • Price: €5,000,000
  • VAT: N/A
  • Loan Installment: €23,715

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: €5,000,000
Own Contribution (35%): €1,750,000
Loan Amount (65%): €3,250,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 20559sqm
  • Reference: L-06-004-00010
Limassol Griva Digeni

Limassol
Address: Limassol, Griva Digeni Office
This is beautifully located land in Maroni-Zygi village which covers 20,559 s/q m, near new yacht marina with 700 m distance to the beach with panoramic and unobstructed sea views (tourist zone). It is the potential development for 40 townhouses or 29 villas what makes it the attractive investment opportunity. This piece of land is sold with all the architecture plans for 40 townhouses, 29 villas and 6 super luxury mansions.
Attributes
Zone (ie. H2)
T3B
Building density (%)
20%

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