Land buy in Ypsonas Lemesos

The property is a 1/3 share of a residential land in Ypsonas, Limassol. The land has an area of c. 1,362sqm (1/3 share of 4,087sqm) and benefits from a c. 103m and 61m road frontage along public registered roads (northwest and southeast borders respectively) and frontage along public registered footpath on its northeast border. A distribution agreement is in place. The immediate area comprises of commercial as well as residential developments and undeveloped parcels of land. It falls within residential planning zone ??7 with a building density coefficient of 80%, coverage coefficient of 45%, 3 floors and a maximum height of 13.5m. THE PRICE IS SUBJECT TO VAT. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Location: Limassol, Ypsonas, Cyprus * Price: €155,000 Plus VAT * VAT: Plus * Loan Installment: €760 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: €155,000 Own Contribution (30%): €46,500 Loan Amount (70%): €108,500 Interest rate: 3.2% Years of repayment: 15 years