Kato Polemidia, Limassol
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: €400,000
Own Contribution (30%): €120,000
Loan Amount (70%): €280,000
Interest rate: 3.2%
Years of repayment: 15 years
This 550m2 piece of land is situated in a great area of Limassol and offers 100% building density and 50% cover ratio with an allowance to build up to 3 floors. Fast and easy access to the highway for both Larnaca and Paphos Airports. It is surrounded by a quiet residential neighbourhood which is family oriented. My Mall and the New Casino Resort are about a 3,8 km drive. Advantage in purchasing this property is it already has the 2 licences to start building and included are the architecutre fees, political/electrical/technical engineer fees, graphics designer 3DS. Building plans for a luxurious modern building with five 3 bedroom apartments consisting of 101m2 covered area. Ready for immediate construction. Call now for more information and to arrange a viewing.