Land buy in Zakaki Lemesos

Residential plot located in a central location in Omonoia area in Limassol. The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools shops, bakeries etc. In addition, it has excellent accessibility to the Limassol beachfront, the Limassol Port and the motorway. The plot has a corner location, a rectangular shape and a level surface. It abuts onto public roads along it northern and western boundary with total frontage of 42 meters. It falls within the Residential Zone Ka4, having building density coefficient 120% that allows the construction of a three - storey residential building. It is an attractive investment opportunity for land developers and individuals. Property Details * For Sale * Property Type: Plot * Property Subtype: Residential * Location: Limassol, Omonoia, Cyprus * Price: €250,000 Plus VAT * VAT: Plus * Loan Installment: €1,225 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: €250,000 Own Contribution (30%): €75,000 Loan Amount (70%): €175,000 Interest rate: 3.2% Years of repayment: 15 years