Land buy in Limassol Lemesos

A large residential plot 11,085 with a building density of 60% and a coverage of 35%.There are architectural plans and licenses for 26 houses.Very easy access to highway, 7 minutes into central Limassol.The plot has sea views. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Location: Limassol, Kolossi, Cyprus * Price: €1,700,000 * VAT: N/A * Loan Installment: €8,333 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: €1,700,000 Own Contribution (30%): €510,000 Loan Amount (70%): €1,190,000 Interest rate: 3.2% Years of repayment: 15 years