Land buy in Palodeia Lemesos

Kalo Chorio is a beautiful village located 21 kilometers north of Limassol. Driving to Kalo Chorio from Limassol, you will go through the villages of Ayia Fila, Palodia, Paramytha and Gerasa. As soon as you leave Gerasa you pass through the beautiful evergreen forest of Ayia Paraskevi where after two kilometers you come to Kalo Chorio. The neighboring villages are Zopygi, Louvaras, Ayios Pavlos and Ayios Constantinos. The inhabitants of these five villages work in the fields, growing vegetables and fruit but mostly cultivating vineyards for the production of Commandaria, a port-like wine that in Homeric times was known as \"Nama\", before being given its present name by the Crusaders. This land in Kalo Chorio is 8362 sqm , Building density of 10%, Zone y3,Coverage ratio 10% and Permissible number of floors 2. Property Details * For Sale * Property Type: Land * Property Subtype: Agricultural * Location: Limassol, Kalo Chorio Lemesou, Cyprus * Price: €55,000 * VAT: N/A * Date Available From: 9th March 2018 * Loan Installment: €270 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: €55,000 Own Contribution (30%): €16,500 Loan Amount (70%): €38,500 Interest rate: 3.2% Years of repayment: 15 years