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For Sale Large Residential Land 6,903 sq.m in Spilia, Nicosia

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Ref: L-100176
Asking Price
€220,000 Plus VAT
Loan Installment

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Available
Property for Sale in Nicosia, Spilia, Cyprus

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Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Residential
  • Location: Nicosia, Spilia, Cyprus
  • Price: €220,000 Plus VAT
  • VAT: Plus
  • Loan Installment: €988

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: €220,000
Own Contribution (35%): €77,000
Loan Amount (65%): €143,000
Interest rate: 3%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 6903sqm
  • Reference: L-100176
Nicosia DP Office

Nicosia
Address: Nicosia Georgiou Davari Office
For sale huge piece of land of 6,903 sq.m located in Spilia, Nicosia.

97% of the property lies within Κ6 zone, with 20% building density and 20% coverage ratio, whereas the remaining 3% within Ζ1.

If the buyer wishes to invest in an agrotourism area, he can separate the land into plots and build approximately 8 houses.
Zone (ie. H2)
H6 & Z1
Zone type
Residential
Building density (%)
20
Coverage ratio (%)
20
Floor allowance
2
Title deed or under separation
Title deed available

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