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: €390,000 Own Contribution (30%): €117,000 Loan Amount (70%): €273,000 Interest rate: 3.2% Years of repayment: 15 years
More Information
Plot/Land Size: 527sqm
Reference: P-107712
Property Description
Prime location residential plot , near all kind of amenities with easy access to the highway and only 10 min from city center. Excellent location close to the New Port and only 5 min. from Limassol’s New Marina and New Casino as well from Limassol’s biggest Shoping Mall.
Ready planning and building permits for a contemporary residential building of 3 floors, comprising of 6 apartments (three 2 bedroom apartments, one 3 bedroom apartment and two penthouses with private roof gardens and great views).
• Excellent investment property with high estimated rental income
• Prime location residential area, near all amenities ( shops, banks, schools, super markets...)
• Easy access to the highway and the city centre and only 5 min. from the New Port, the New Marina, the New Casino and Limassol’s biggest Shopping Mall. Also only 10 min from Lady’s Mile Beach (one of the best beaches in Limassol)
• Contemporary building using HPL wood panels, fair-face concrete and glass
• Spacious open plan kitchen-living-dining area plus large covered verandas
• Private roof gardens with great views for the 2 penthouses
