Land buy in Palodeia Lemesos

The land is in the village of Fasoula which is a 15 minute drive to Limassol. 1200 m2 of the land is residential with a density of 40%. The rest is agricultural but the zone is expected to change in the near future. Currently 2 floors can be built. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Location: Limassol, Fasoula Lemesou, Cyprus * Price: €250,000 * VAT: N/A * Date Available From: 4th September 2018 * 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