Land buy in Verengaria Lemesos

This plot with 80% build density and 45% cover ratio up to 3 floors is an amazing property to build a complex of apartments or a complex of nice, modern detached houses. The area of Nea Ekali is one of the most beautiful areas at the time, with new houses and many investors that slowly slowly start to build complex with apartments. Very close to all amenities, schools, super markets, with very easy access to the highway and the center of the town. The plot also has clear title deed. Property Details * For Sale * Property Type: Plot * Property Subtype: Residential * Location: Limassol, Ekali, Cyprus * Price: €2,000,000 * VAT: N/A * Loan Installment: €9,803 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: €2,000,000 Own Contribution (30%): €600,000 Loan Amount (70%): €1,400,000 Interest rate: 3.2% Years of repayment: 15 years