Land buy in Limassol Lemesos

Residential plot of 740sqm with nice city and sea views. The property falls within the Residential Planning Zone Κα6, with building density coefficient of 80%, coverage coefficient 45%, in 3 floors and 13,5 meters height. The property also benefits from its rectangular shape and its even and flat surface, ideal for development purposes. Plans are now available for a building that consists of 6x 2 bedrooms and 1x 3 bedroom top floor apartment. Property Details * For Sale * Property Type: Plot * Property Subtype: Residential * Location: Limassol, Agia Fylaxis, Cyprus * Price: €320,000 * VAT: N/A * Loan Installment: €1,569 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: €320,000 Own Contribution (30%): €96,000 Loan Amount (70%): €224,000 Interest rate: 3.2% Years of repayment: 15 years