Land voor Kopen in Pampoula, Lemesos

Large plot of land on the tourist road of Pissouri, towards the Columbia hotel, offering 15,720 sqm land with 20% building density and 20% coefficient. A true investment for any development allowing 2 floors 8.3 metres height. Due to the size of the land and the location, the government give special incentives for the area. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Property Label: Investment Property and Development Property * Location: Limassol, Pissouri, Cyprus * Price: €850,000 Plus VAT * VAT: Plus * Loan Installment: €4,166 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: €850,000 Own Contribution (30%): €255,000 Loan Amount (70%): €595,000 Interest rate: 3.2% Years of repayment: 15 years