Land buy in Parekklisia Larnaka

Exceptional plot of land available in a quiet residential location in Pareklissia. Just a five minute drive from the highway with road access. The land enjoys unobstructed sea views and very few residences in the surrounding area. Adjacent to the plot, there is a green area. The land is flat and ready to build on with a 30% building density factor, 20% coverage and an allowance of two floors. The owners have architectural plans for an amazing residence which they are willing to offer in addition to the plot. Please call for further information and a viewing of this stunning property. Property Details * For Sale * Property Type: Plot * Property Subtype: Residential * Location: Limassol, Parekklisia, Cyprus * Price: €625,000 Plus VAT * VAT: Plus * Loan Installment: €3,064 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: €625,000 Own Contribution (30%): €187,500 Loan Amount (70%): €437,500 Interest rate: 3.2% Years of repayment: 15 years