Land kjøp i Limassol, Lemesos

The the plot have huge potential for any investor wishing to restore them and turn them into several apartments, for instance. No VAT applicable. Ideally located: along the southern side of St. Andrew street in the heart of the old Limassol city and the westernmost corner of historical buildings. 150 meters from the seaside. This building is not listed but if the owner is interested in declaring it into such, it has the necessary architectural features to be a successful candidate for listed buildings of Limassol. The total built-up area of the plot for sale (No. 655) is calculated to be a minimum of 286 sq.m. Type: plot with non-listed building Plot area :168sqm Distance to the sea:150 meters Town planning Z> Building factor % = 1.6 Cover factor % = 0.7 Building height = 10 meters Floors = 3 minimum Property Details * For Sale * Property Type: Plot * Property Label: Investment Property and Development Property * Location: Limassol, Agia Napa, Cyprus * Internal Area: 268sqm * Bedrooms: 2 * Bathrooms: 1 * Price: €300,000 * VAT: N/A * Loan Installment: €1,471 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: €300,000 Own Contribution (30%): €90,000 Loan Amount (70%): €210,000 Interest rate: 3.2% Years of repayment: 15 years