Tierra for Køb i Agios Tychón, Lárnaca

The land is located in the Agios Tyconas area of Limassol and has a fantastic sea view. The building density is 40% and has a coverage of 25%. As the land is 16846 m2, the land is perfect for a large project with approximately 6600 m2 of buildable area. The land is less than 100 m from the sea front. Property Details * For Sale * Property Type: Land * Property Subtype: Tourist * Location: Limassol, Agios Tychon, Cyprus * Price: €8,500,000 Plus VAT * VAT: Plus * Date Available From: 21st September 2018 * Loan Installment: €41,664 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: €8,500,000 Own Contribution (30%): €2,550,000 Loan Amount (70%): €5,950,000 Interest rate: 3.2% Years of repayment: 15 years