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Residential Land in Zakaki, Limassol


Zakaki, Limassol

REF: L-98073
€30,000,000 Plus VAT
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Available
Property for Sale in Limassol, Zakaki, Cyprus

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Plot/land (sq.m.)
16082m2

Property Details

Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Residential
  • Property Label: Investment Property and Development Property
  • Location: Limassol, Zakaki, Cyprus
  • Price: €30,000,000 Plus VAT
  • VAT: Plus
  • Date Available From: 18th January 2019
  • Loan Installment: €147,051

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: €30,000,000
Own Contribution (30%): €9,000,000
Loan Amount (70%): €21,000,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 16082sqm
  • Reference: L-98073

Property Description

The land is located next to the Limassol casino and is perfect for a development.
The land has a build factor of 40% and is in a residential zone.
There is huge development going on in the area at the moment, coinciding with the development of he casino and the Limassol mall.
Nicholas Neocleous logo

Nicholas Neocleous

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Additional Details

Zone (ie. H2)
Ka9
Zone type
Residential
Building density (%)
40
Coverage ratio (%)
25
Floor allowance
2
Title deed or under separation
TITLE DEED

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