COMMERCIAL PLOT IN TOURIST AREA IDEAL FOR BUILDING OFFICES OR APARTMENTS. THERE IS 100% BUILDING DENSITY AND 50% COVER RATIO, WITH AN ALLOWANCE TO BUILD UP TO 3 FLOORS.

Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Commercial
* Location: Limassol, Potamos Germasogeias, Cyprus
* Price: €630,000
* VAT: N/A
* Loan Installment: €3,088

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: €630,000

Own Contribution (30%): €189,000

Loan Amount (70%): €441,000

Interest rate: 3.2%

Years of repayment: 15 years