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The property consists of five plots of land with a total area of 5.462m2 located in the Katholiki area of Limassol. The plot enjoys substantial frontage.The immediate surrounding area is mainly residential although the plots are mixed use . All plots are considered ready for development.Each plot can be developed individually or combined to form a unified development with an overall plot equal to 5,462, providing a permitted density of 7.647m2, although one could achieve a higher subject to conditions an additional floor level. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Location: Limassol, Katholiki, Cyprus * Price: €3,500,000 Plus VAT * VAT: Plus * Loan Installment: €17,156 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: €3,500,000 Own Contribution (30%): €1,050,000 Loan Amount (70%): €2,450,000 Interest rate: 3.2% Years of repayment: 15 years