Industrial buy in Limassol Lemesos

A great investment opportunity in the sought after location of the Historical area of Limassol and the New Port. Plot size 16,016m2 90% building density and 60% coverage, allowing a large project of commercial or mixed use to be built in this area with further Government incentives being offered. Property Details * For Sale * Property Type: Land * Property Subtype: Mixed used * Property Label: Investment Property and Development Property * Location: Limassol, Limassol, Cyprus * Price: €12,000,000 * VAT: N/A * Date Available From: 11th March 2020 * Loan Installment: €58,820 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: €12,000,000 Own Contribution (30%): €3,600,000 Loan Amount (70%): €8,400,000 Interest rate: 3.2% Years of repayment: 15 years