Maa osta in Verengaria, Lemesos

This 550m2 piece of land is situated in a great area of Limassol and offers 100% building density and 50% cover ratio with an allowance to build up to 3 floors. Fast and easy access to the highway for both Larnaca and Paphos Airports. It is surrounded by a quiet residential neighbourhood which is family oriented. My Mall and the New Casino Resort are about a 3,8 km drive. Advantage in purchasing this property is it already has the 2 licences to start building and included are the architecutre fees, political/electrical/technical engineer fees, graphics designer 3DS. Building plans for a luxurious modern building with five 3 bedroom apartments consisting of 101m2 covered area. Ready for immediate construction. Call now for more information and to arrange a viewing. Property Details * For Sale * Property Type: Plot * Property Subtype: Residential * Location: Limassol, Kato Polemidia, Cyprus * Price: €400,000 * VAT: N/A * Date Available From: 23rd December 2020 * Loan Installment: €1,961 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: €400,000 Own Contribution (30%): €120,000 Loan Amount (70%): €280,000 Interest rate: 3.2% Years of repayment: 15 years