This vast land of 11,706sqm is in a very good location.
Agricultural land with 10% building density and 10% coefficient, allowing 2 floors of a height of 8.3 metes with road, water and electricity.
For a future investment there are very few large plots of land in this area of this size.
10-12 minutes to the beach road and Four Seasons Hotel.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Agricultural
* Property Label: Investment Property and Development Property
* Location: Limassol, Armenochori, Cyprus
* Price: €300,000
* VAT: N/A
* Date Available From: 3rd February 2021
* 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