Land buy in Mesa Geitonia Lemesos

The land is situated in the beautiful village of Germasogia leading unto the dam. 900m2 approximately can be built with a height of 2 floors, which would be ideal for a small development of 4 to 5 houses. There are lovely views from the land and all amenities close by. Vat may be applicable. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Location: Limassol, Germasogeia, Cyprus * Price: €500,000 * VAT: N/A * Date Available From: 14th June 2018 * Loan Installment: €2,451 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: €500,000 Own Contribution (30%): €150,000 Loan Amount (70%): €350,000 Interest rate: 3.2% Years of repayment: 15 years