Land buy in Verengaria Lemesos

The land is located in Kolossi village which is only a 5 minute drive to Limassol. There is a build factor of 60% so the land is perfect for a single or double residency. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Property Label: Development Property * Location: Limassol, Kolossi, Cyprus * Price: €320,000 * VAT: N/A * Date Available From: 3rd May 2019 * 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