Land for Sale in Pervolia , Larnaca - L-100995

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Tourist Land in Pervolia , Perivolia Larnakas, Larnaca

Tourist Land in Pervolia , Perivolia Larnakas, Larnaca 2

Property for Sale in Larnaca, Perivolia Larnakas, Cyprus

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Plot/land (sq.m.)
8690m²

Property Details

Property Details

For Sale
Property Type: Land
Property Subtype: Tourist
Property Label: Development Property
Location: Larnaca, Perivolia Larnakas, Cyprus
Price: €775,000 Plus VAT
VAT: Plus
Loan Installment: €3,799

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: €775,000
Own Contribution (30%): €232,500
Loan Amount (70%): €542,500
Interest rate: 3.2%
Years of repayment: 15 years

More Information

Plot/Land Size: 8690sqm
Reference: L-100995

Property Description

Touristic Land with total of 8690sqm in Pervolia

The frontage of the first field is approximately 103 meters with a registered asphalt road.
Coefficient brake down :
First field
85% - T2ε DENSITY (45%Hotel) 3 floors, (Villas 30%) 2 Floors
15% - H3 60% DENSITY , 35% Coverage , Floors 2

Second field
100% - T2ε DENSITY (45% Hotel) 3 floors, (Villas 30%) 2 floors

Land is accessible via 2 registered roads.
Property is around 300 meters to the seafront, has great potential for development.

Price is Plus VAT