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Project with 5 detached Houses in Lakatameia, Nicosia


Lakatameia, Nicosia

REF: J-119123
POA
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Available
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus
Property for Sale in Nicosia, Lakatameia, Cyprus

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Plot/land (sq.m.)
1060m2

Property Details

Property Details
  • For Sale
  • Property Type: Project
  • Location: Nicosia, Lakatameia, Cyprus
  • Price: On Application
  • VAT: Plus
  • Loan Installment: €1,863

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: €380,000
Own Contribution (30%): €114,000
Loan Amount (70%): €266,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 1060sqm
  • Units: 5
  • Reference: J-119123
  • Energy Efficiency Certificate: In Progress

Property Description

This is a very well designed and potentially very profitable unfinished project in Lakatamia, in a peaceful and family friendly neighbourhood, opposite a 1000sqm of green area, close to Pefkou Avenue.

The project stands on a huge plot of 1060sqm, and comprises of five 3-bedroom houses with internal areas from 155sqm to 210sqm.
The initial plot is already under separation to create separate plots for each house.


Two of the houses are already to an advanced stage of construction. The other 3 did not start yet, and therefore, significant changes can be made in relation to the initial building permit.

The asking price refers to the whole project, however, the seller is willing to sell part of the project, or even a single house.
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Polys Palantzis

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Additional Details

Zone (ie. H2)
Κα6
Zone type
Residential
Title deed or under separation
Under Separation
Air Conditioning
Provision

Floorplan

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