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Tourist Land in Agios tychon, Limassol

for sale in Limassol

Publish: 23 Sep 21, views: 30

Price:  €750.000

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Size (m²)4322 sqm
Listing ID:L-113543
TypeLand
Zone (ie. H2)T2Δ2
Zone typeTourist
Building density (%)40
Coverage ratio (%)25
Floor allowance2
Title deed or under separationTitle deed
Price €750.000
Information from owner
The property is a 1/2 share of a tourist land in Agios Tychon. It is located 800m from Parekklisia exit and 300m from the beachfront. The land has total area of 8,644sqm.

It offers great proximity to the highway, numerous seaside luxury hotels, bars and restaurants. It is only 5 minutes away from the famous Amathus Ruins. The wider area of the land is characterised by high-end residences and buildings. It is ideal for the development of a hotel or a tourist village including apartments, bungalows and villas or individual luxury villas.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Tourist
* Location: Limassol, Agios Tychon, Cyprus
* Price: €750,000 Plus VAT
* VAT: Plus
* Loan Installment: €3,367

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: €750,000

Own Contribution (35%): €262,500

Loan Amount (65%): €487,500

Interest rate: 3%

Years of repayment: 15 years

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

Contact Name: Limassol Molos GO Properties  (Business Advertiser)

region: Limassol

Show Phone
+357xxxxxxxx

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