Land kjøp i Pyrgos, Larnaka

This fabulous plot is in the tourist zone near the Parklane hotel on the front line. This large plot of land is ideal for development and future investment in this prime location amongst the best hotels in Limassol. There are two zones Ti?- 69% offers 50% building density and 25% coefficient. E?- 31% This comes under a special zone due to the location, allowing high rise building with application to the municipality. Large frontal facade with many options for development. Property Details * For Sale * Property Type: Land * Property Subtype: Tourist * Location: Limassol, Pyrgos Lemesou, Cyprus * Price: €2,500,000 Plus VAT * VAT: Plus * Loan Installment: €12,254 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: €2,500,000 Own Contribution (30%): €750,000 Loan Amount (70%): €1,750,000 Interest rate: 3.2% Years of repayment: 15 years