Land buy in Palodeia Lemesos

Plot 17207sqm in Gerasa village, one of the most beautiful agriculture areas in limassol. The property has road, electricity and water, pine trees, organic herbs and olives. the land is suitable for building from 2 to 6 houses. Its only 25 minuets drive to Limassol. It has building density 6%, coverage 6% and floor allowance up to 2 floors. Property Details * For Sale * Property Type: Land * Location: Limassol, Gerasa, Cyprus * Price: €255,000 * VAT: N/A * Date Available From: 28th February 2020 * Loan Installment: €1,250 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: €255,000 Own Contribution (30%): €76,500 Loan Amount (70%): €178,500 Interest rate: 3.2% Years of repayment: 15 years