Land buy in Agios Tychon Larnaka

Fantastic piece of land located at the beginning of Agios Tyconas village. The land is perfect for a small development of 5 to 6 houses and is perfectly located due to its proximity to the highway and the sea front. Roads and infrastructure in place and ready to go. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Property Label: Investment Property and Development Property * Location: Limassol, Agios Tychon, Cyprus * Price: €1,100,000 Plus VAT * VAT: Plus * Date Available From: 7th February 2020 * Loan Installment: €5,392 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: €1,100,000 Own Contribution (30%): €330,000 Loan Amount (70%): €770,000 Interest rate: 3.2% Years of repayment: 15 years