This large residential plot is in the sought after location of the Historical Town and walking distance to the Universities.
The plot has an existing house on therefore it is exempt from VAT.
120% building density, 70% coefficient, allowing 2 floors and 7 meter height.

Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Residential
* Location: Limassol, Katholiki, Cyprus
* Price: €1,100,000
* VAT: N/A
* Date Available From: 29th March 2021
* Loan Installment: €5,392

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: €1,100,000

Own Contribution (30%): €330,000

Loan Amount (70%): €770,000

Interest rate: 3.2%

Years of repayment: 15 years