Land buy in Verengaria Lemesos

This lovely prime location land is on Spyrou Kyprianou Avenue, 7 minutes from the Mall and Casino and 2.5 metres to the New Port. The plot has easy access to all amenities and the highway within 1.6 kilometres. The building density is of mixed use and allows both commercial and residential build which is as follows: EB6- Commercial build Category 11. Ka5- Residential zone allowing 3 floors. Aa4-* There is a planning permit in place since 2017 and is valid for 12 years. Property Details * For Sale * Property Type: Plot * Property Subtype: Residential, Commercial * Location: Limassol, Kato Polemidia, Cyprus * Price: €1,750,000 Plus VAT * VAT: Plus * Loan Installment: €8,578 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: €1,750,000 Own Contribution (30%): €525,000 Loan Amount (70%): €1,225,000 Interest rate: 3.2% Years of repayment: 15 years