Land buy in Parekklisia Larnaka

The land is situated in the village of Pareklissia which is 5 minutes from Limassol. You can build 2 houses of 560 m2 on the land or 4 properties of 280 m2. The land is flat and is very close to electricity and water. Property Details * For Sale * Property Type: Land * Location: Limassol, Parekklisia, Cyprus * Price: €250,000 * VAT: N/A * Loan Installment: €1,225 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: €250,000 Own Contribution (30%): €75,000 Loan Amount (70%): €175,000 Interest rate: 3.2% Years of repayment: 15 years