Land buy in Mesa Geitonia Lemesos

The land has a residential zone with a build factor of 60% The coverage is 35% and 2 floors can be built. There is a very nice sea view and very good access to the town and the highway. Please contact me for more details. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Property Label: Investment Property and Development Property * Location: Limassol, Germasogeia, Cyprus * Price: €555,000 Plus VAT * VAT: Plus * Date Available From: 23rd January 2019 * Loan Installment: €2,720 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: €555,000 Own Contribution (30%): €166,500 Loan Amount (70%): €388,500 Interest rate: 3.2% Years of repayment: 15 years