House buy in Nicosia Lefkosia

The property is located the the Petrou & Pavlou area of Limassol on a corner plot. The internal areas are 260 m2 and there are balconies of 50 m2. There is also a small guest house of 50 m2 that is ideal for staff or guests. The property was renovated a few years ago and features a beautiful garden and swimming pool area. As an added incentive, the owner also owns 261 m2 of land which borders the property which he will be giving to the new owners without charge. The property is also perfect for someone to build 1 or 2 apartment buildings on due to the high building zone. Property Details * For Sale * Property Type: House * Property Subtype: Semi-detached * Property Label: Investment Property and Development Property * Location: Limassol, Apostoloi Petros Kai Pavlos, Cyprus * Internal Area: 260sqm * Covered Verandas: 20sqm * Uncovered Verandas: 20sqm * Bedrooms: 3 * Bathrooms: 2 * No of WCs: 1 * Price: €750,000 * VAT: N/A * Date Available From: 9th June 2020 * Loan Installment: €2,136 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 (25%): €187,500 Loan Amount (75%): €562,500 Interest rate: 2.2% Years of repayment: 30 years