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Residential Land in Zakaki, Limassol

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Ref: L-94721
Asking Price
€2,950,000 Plus VAT
Loan Installment

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Available
Property for Sale in Limassol, Zakaki, Cyprus

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Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Residential
  • Location: Limassol, Zakaki, Cyprus
  • Price: €2,950,000 Plus VAT
  • VAT: Plus
  • Date Available From: 13th April 2018
  • Loan Installment: €13,992

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: €2,950,000
Own Contribution (35%): €1,032,500
Loan Amount (65%): €1,917,500
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 6255sqm
  • Exclusive: No
  • Reference: L-94721
Limassol Molos Office DV

Limassol
Address: Limassol Molos Office
Prime piece of land in Zakaki within 1km to the Casino and My Mall now available for sale. Easy access to the highway and the main roads of Limassol aswell as just 3kms to the Marina and the Old Port area. Vast area of 6255m2 of flat land with a building density factor of 100%, building coverage 50% and an allowance of 3 floors. This property is ideal for the development of apartment buildings which are now in huge demand due to the impending completion of the City of Dreams Mediterranean, the largest world-class integrated Casino resort in Europe. For further information and an on-site.
Attributes
Zone (ie. H2)
Ka5
Zone type
Residential
Building density (%)
100
Coverage ratio (%)
50
Floor allowance
3
Title deed or under separation
Title Deed
Property Features
Close to Limassol Casino
Close to My Mall
Flat land
Investment opportunity
High building factor
Easy access to main infrastructure
High demand

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