Teollinen osta in Palodeia, Lemesos

This property is a 1/2 share of a four pieces of land in Palodeia village, in Limassol. The land has an area of c. 5,246 (1/2 share of 10,492sqm). They have irregular shapes with slopping surfaces and benefit from road frontage along a registered road. No distribution agreement in place. The immediate area comprises of residential developments, as well as undeveloped parcels of land. The property falls within two planning zones: - ,057sqm fall within residential planning zone H6 with 20% building density, 20% coverage, 2 floors and a maximum height of 8,3m. - ,435sqm fall within protection planning zone Z1 with 6% building density, 6% coverage, 2 floors and a maximum height of 8,3m. THE PRICE IS SUBJECT TO VAT. Property Details * For Sale * Property Type: Land * Property Subtype: Mixed used * Location: Limassol, Palodeia, Cyprus * Price: €250,000 Plus VAT * VAT: Plus * 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