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Residential, Commercial Plot in Kato Polemidia, Limassol


Kato Polemidia, Limassol

REF: P-118357
€750,000
ENQUIRE NOW
Available
Property for Sale in Limassol, Kato Polemidia, Cyprus

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Plot/land (sq.m.)
628m2

Property Details

Property Details
  • For Sale
  • Property Type: Plot
  • Property Subtype: Residential, Commercial
  • Location: Limassol, Kato Polemidia, Cyprus
  • Price: €750,000
  • VAT: N/A
  • Loan Installment: €3,676

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: €750,000
Own Contribution (30%): €225,000
Loan Amount (70%): €525,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 628sqm
  • Reference: P-118357

Property Description

Nice, big, 628sqm plot, located in Kato Polemidia area, just 3 minutes from General Hospital and 5 minutes from My Mall and the new Casino Resort is now available. The plot which is entering a mixed use zone, commercial and residential, with 100% build density and 50% cover ratio, at the moment is allowed to build up to 3 floors but as the owner been informed from municipality it will be able to build up to 5 floors because of the level of the new road. Suitable for investment, to build offices or shops or complex of apartments.
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Eftychios Florou

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Additional Details

Zone (ie. H2)
EB6
Zone type
Mixed Use
Building density (%)
100
Coverage ratio (%)
50
Floor allowance
3-5
Title deed or under separation
Title deed

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