Mazotos, Larnaca
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: €6,500,000
Own Contribution (30%): €1,950,000
Loan Amount (70%): €4,550,000
Interest rate: 3.2%
Years of repayment: 15 years
Beachfront fields 38,300 m2 Land in tourist zone Mazotos
The Land is located close to all necessary services and amenities.
Three unified fields with access from a public road along its north west boundary.
Suitable for the division of plots or for tourist development.
Hotel density 45%
Touristic complex Density 40%
Residential Villa Density 20%
The above price maybe subject to VAT.