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Plot in Potamos germasogeias, Germasogeia, Limassol

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Ref: P-94740
Asking Price
€2,900,000
Loan Installment

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Available
Property for Sale in Limassol, Germasogeia, Cyprus

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Property Details

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: €2,900,000
Own Contribution (35%): €1,015,000
Loan Amount (65%): €1,885,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 1679sqm
  • Reference: P-94740
Limassol Office Griva Digeni MSp

Limassol
Address: Limassol, Griva Digeni Office
Mixed use plot of 1679 m² located in Potamos Germasogeias, within walking distance to the beach.
The immediate area is considered to be one of the best commercial and residential areas in Limassol and is characterised by upper income properties.

The property falls within the Commercial Zone Eβ6 and the Residential Planning Zone Κα7 with total building allowance of 1495sqm.
-Building density coefficient of 100%, coverage coefficient 50%, in 3 floors and 13,5 meters height
-Building density coefficient of 80%, coverage coefficient 45%, in 3 floors and 13,5 meters height

Ideal for development purposes.
Attributes
Zone (ie. H2)
EB6, ΚΓ6a
Zone type
Mixed Use
Building density (%)
100% , 80%
Coverage ratio (%)
50%, 45%
Floor allowance
3
Title deed or under separation
Title deed
Property Features
Development Purposes
Investment Opportunity

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