Industrial buy in Limassol Lemesos

This property is a 1/2 share of land in Kellaki village, Limassol. The land has an area of c. 4,366sqm (1/2 share of 8,732sqm) and benefits from c. 24m frontage along asphalted road. It has an irregular shape and slopping surface. No distribution agreement is in place. It has the potential to be covered by all utility services (electricity, water and telecommunication). The property falls within two planning zones: - ,073sqm fall into agricultural planning zone ?3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8.3m. - ,659sqm fall into residential planning zone H4 with 40% building density, 25% coverage, 2 floors and a maximum height of 8.3m. THE PRICE IS SUBJECT TO VAT. Property Details * For Sale * Property Type: Land * Property Subtype: Mixed used * Location: Limassol, Kellaki, Cyprus * Price: €58,000 Plus VAT * VAT: Plus * Loan Installment: €284 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: €58,000 Own Contribution (30%): €17,400 Loan Amount (70%): €40,600 Interest rate: 3.2% Years of repayment: 15 years