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Plot in Mazotos, Larnaca

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Ref: P-64099
Asking Price
€25,000,000 Plus VAT
Loan Installment

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Property for Sale in Larnaca, Mazotos, Cyprus
Property for Sale in Larnaca, Mazotos, Cyprus
Property for Sale in Larnaca, Mazotos, Cyprus
Property for Sale in Larnaca, Mazotos, Cyprus
Property for Sale in Larnaca, Mazotos, Cyprus
Property for Sale in Larnaca, Mazotos, Cyprus
Property for Sale in Larnaca, Mazotos, Cyprus
Property for Sale in Larnaca, Mazotos, Cyprus
Property for Sale in Larnaca, Mazotos, 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: €25,000,000
Own Contribution (35%): €8,750,000
Loan Amount (65%): €16,250,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 88sqm
  • Reference: P-64099
Kyriakos Zenios
Mobile: (+357) 99208899

Larnaca
Address: Larnaca Liosion Office
Situated in a prime location, between three key cities, where the majority of the population reside, Mazotos coastline is destined to be transformed into a modern beachfront residential hub.The land is 87,823 square meters with a sea front of 320 meters long. With direct access to the road leading to the nearest organised villages and the main road network of the island which links all major cities.Residences project is a private gated seafront residential resort divided into 4 residential zones with a beach club/restaurant and other facilities, combining luxury real estate with unique lifestyle.The residential component can accommodate up to 100 exclusive residences of 150m2 covered area each. Other options can be designed with private residences of larger covered area and gardens, but higher prices each.In any option, all the residences will have stunning views and private swimming pool, which will take on a contemporary appearance with exceptional landscaping.The developmental planning zone for this land allows for the development of a hotel, but also for apartments and residential units.

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