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Land in Mazotos, Larnaca

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Ref: L-96926
Asking Price
€3,000,000 Plus VAT
Loan Installment

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Available
Property for Sale in Larnaca, Mazotos, Cyprus

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Property Details

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: €3,000,000
Own Contribution (35%): €1,050,000
Loan Amount (65%): €1,950,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Status: New
  • Plot/Land Size: 10034sqm
  • Reference: L-96926
Julie Papanicolaou
Mobile: (+357) 99475640

Limassol
Address: Limassol, Griva Digeni Office
Prime land in residential / tourist area of Zygi-Mazodos, identified as high priority development zone (Cyprus Tourism Strategy document 27 prepared for the Republic of Cyprus March 2017). 10,034 m2, with 140 meters of unspoiled uninterrupted Mediterranean beachfront. Direct road access. Building density: 45% hotel, 40% villas, 30% housing. Location Ammati section of Mazotos, 20 minutes from Larnaca International Airport and 30 minutes to Limassol.
Attributes
Zone (ie. H2)
T2ε
Zone type
Mixed Use
Building density (%)
45
Coverage ratio (%)
20
Floor allowance
3
Title deed or under separation
TITLE DEED
Property Features
front line beach front

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