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Plot in Lycavitos, Nicosia Centre, Nicosia


Lycavitos, Nicosia

REF: P-98280
€590,000
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Available
Property for Sale in Nicosia, Nicosia Centre, Cyprus

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Plot/land (sq.m.)
653m2

Property Details

Property Details
  • For Sale
  • Property Type: Plot
  • Property Label: Development Property
  • Location: Nicosia, Nicosia Centre, Cyprus
  • Price: €590,000
  • VAT: N/A
  • Loan Installment: €2,892

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: €590,000
Own Contribution (30%): €177,000
Loan Amount (70%): €413,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 653sqm
  • Reference: P-98280

Property Description

Plot suitable for apartments development. Located at the center of the capital, on the hill at Lykavitos area. 653sm plot with 140% building and 4 floors allowance, with almost rectangle shape and 24m street frontage. Relaxation of more floors can be given. Very close to the University of Cyprus and walking distance to all the center of Nicosia.
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Marinos Ioannou

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Additional Details

Zone (ie. H2)
Κα3
Zone type
Residential
Building density (%)
140
Coverage ratio (%)
50
Floor allowance
4
Title deed or under separation
Title Deed

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