House buy in Palodeia Lemesos

This lovely detached property is in a quiet residential location within 15 minutes drive into central Limassol. The house is in excellent condition and has room for further development if larger covered areas are required. Large front patio with glass panel staircase (to be added). Double entry door leads into a comfortable sitting/dining /lounge area, fully equipped kitchen with breakfast diner and sliding doors which can partition. Guest wc. The upper level has 3 bedrooms, main bathroom and master en suite. The lower ground level which has windows and is NOT UNDERGROUND has a 4th bedroom but is used as a children's/tv room with built in fireplace. On the same level there is a kitchenette and utility area with shower wc. There is a large covered parking which can be closed and another large room/conservatory can be created, which has all the provisions in place. The land is under review by the municipality to become residential and can accommodate more houses on the plot in the near future.A large swimming pool can be made applied, landscaped gardens, fruit trees, storage areas. Great potential and great investment either for a home and or future development. Property Details * For Sale * Property Type: House * Property Subtype: Detached * Location: Limassol, Spitali, Cyprus * Internal Area: 200sqm * Covered Verandas: 30sqm * Bedrooms: 4 * Bathrooms: 3 * No of WCs: 4 * Price: €580,000 * VAT: N/A * Loan Installment: €1,652 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: €580,000 Own Contribution (25%): €145,000 Loan Amount (75%): €435,000 Interest rate: 2.2% Years of repayment: 30 years