Land buy in Palodeia Lemesos

Perfect opportunity for a small development in Paramytha village. The land is just over 3000 m2 has a build factor of 30% and a coverage of 20%. Please contact me for further details. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Property Label: Investment Property and Development Property * Location: Limassol, Paramytha, Cyprus * Price: €200,000 Plus VAT * VAT: Plus * Date Available From: 27th September 2019 * Loan Installment: €980 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: €200,000 Own Contribution (30%): €60,000 Loan Amount (70%): €140,000 Interest rate: 3.2% Years of repayment: 15 years