Land buy in Parekklisia Larnaka

Residential land (two plots joining with separate title deeds), just off the beach road. 20% building density and 15% coverage, allowing 2 floors with height 10 metres. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Location: Limassol, Parekklisia, Cyprus * Price: €700,000 Plus VAT * VAT: Plus * Loan Installment: €3,431 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: €700,000 Own Contribution (30%): €210,000 Loan Amount (70%): €490,000 Interest rate: 3.2% Years of repayment: 15 years