Commercial Land in Tsiflikoudia, Limassol, Limassol

Prijs : 7.900.000 EUR
Adres: Limassol, Cyprus
Veeg5

Available two adjoining pieces of land in Tsiflikoudia area, Limassol.
The land has an area of 8,307sqm. It benefits from a road frontage.
The immediate area comprises of commercial and light industrial developments.
It falls within three planning zones:
-c 4,673sqm fall within Commercial Axis Category I Εβ4 with 140% building density, 50% coverage, 4 floors and a maximum height of 17m.
-c 578sqm fall within Commercial Axis Category III Εβ6 III with 100% building density, 50% coverage, 3 floors and a maximum height of 13.5m.
-c 3056sqm fall within Mixed Industrial Cat B & Economy Activity zone Βα4-ΒΕ2 with 90% building density, 60% coverage and 2 floors.
THE PRICE IS SUBJECT TO VAT.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Commercial
* Location: Limassol, Limassol, Cyprus
* Price: €7,900,000 Plus VAT
* VAT: Plus
* Loan Installment: €35,461
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: €7,900,000
Own Contribution (35%): €2,765,000
Loan Amount (65%): €5,135,000
Interest rate: 3%
Years of repayment: 15 years

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