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Residential Plot in Zakaki, Limassol

for sale in Limassol, Zakaki

Publish: 21 Feb 23, views: 47

Price:  €2.500.000

Size (m²)3645 sqm
Plot typeResidential
Listing ID:P-122605
TypeLand
Zone (ie. H2)Ka5
Zone typeResidential
Building density (%)100
Coverage ratio (%)50
Floor allowance3
Title deed or under separationTITLE DEED
Price €2.500.000
Information from owner
A fabulous plot of land in the very upcoming area of Zakaki in walking proximity to the new Casino, my mall.
The land has rectangular shape, flat land and ready to build.
100% building density and 50% coefficient, allowing 3 floors 13.5 meters height.
5 blocks of apartments can be built on this land.

Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Residential
* Property Label: Investment Property and Development Property
* Location: Limassol, Zakaki, Cyprus
* Price: €2,500,000
* VAT: N/A
* Loan Installment: €12,254

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: €2,500,000

Own Contribution (30%): €750,000

Loan Amount (70%): €1,750,000

Interest rate: 3.2%

Years of repayment: 15 years

Fox Smart Estate Agency, Registered and Licensed Estate Agency, R.N 488 L.N. 344 E
 

Contact Name: Julie Papanicolaou  (Business Advertiser)

region: Limassol

Show Phone
+357xxxxxxxx

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