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Large Corner Commercial Plot 738sq.m in Lycavitos

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Ref: P-96338
Asking Price
€1,140,000
Loan Installment

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Available
Property for Sale in Nicosia, Nicosia Centre, 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: €1,140,000
Own Contribution (35%): €399,000
Loan Amount (65%): €741,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 738sqm
  • Reference: P-96338
Polys Palantzis
Mobile: (+357) 99372311

Nicosia
Address: Nicosia Georgiou Davari Office

For sale large corner plot in a prime location in the city centre, situated in a well known main avenue of Nicosia and in a commercial zone, it gives potential to numerous uses of the land.

Presently a 1960's house stands on the plot, for demolishment. Title deed available, free of mortgage or debt.

Zone : Eβ3, Building Density: 160%, Coverage: 50%, Height : 24metre, Floors: 6.

Price is negotiable.

Attributes
Zone (ie. H2)
EB3
Zone type
Commercial
Building density (%)
160
Coverage ratio (%)
50
Floor allowance
6
Title deed or under separation
Title deed

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