Land buy in Limassol Lemesos

Commercial plot 417sqm close to Limassol Marina, in a prime location is now for sale. The plot has a cover factor of 50% and building density 160% with permission to build up to 5 floors. Property Details * For Sale * Property Type: Plot * Location: Limassol, Limassol, Cyprus * Price: €650,000 * VAT: N/A * Loan Installment: €3,186 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: €650,000 Own Contribution (30%): €195,000 Loan Amount (70%): €455,000 Interest rate: 3.2% Years of repayment: 15 years