Maa osta in Agios Tychon, Larnaka

The property is a residential land in Agios Tychonas, situated in an attractive and quiet area which, in recent years, has witnessed an increase in residential development, mostly of luxurious residences. The property is located close to all necessary services and amenities and has excellent access to the motorway. It is just 5 minutes away from the Limassol city and less than 2 km from the tourist area (Amathus Avenue). The land has an irregular shape, a slight north western slope and about 75 meters frontage on a public road. The property is affected by road widening on its northern boundary. It is an ideal investment opportunity for both a property developer and an individual. The land\'s shape in combination with its size allows the development of two or three houses. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Location: Limassol, Agios Tychon, Cyprus * Price: €450,000 Plus VAT * VAT: Plus * Loan Installment: €2,206 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: €450,000 Own Contribution (30%): €135,000 Loan Amount (70%): €315,000 Interest rate: 3.2% Years of repayment: 15 years