A residential land in Erimi area in Limassol, in H3 zone, 35% cover ratio, building density 60% and permission to build up to two floors.

The land is in a quiet nice area, surrounded by nice houses, with easy access to the motorway and close to all amenities.

It has full share of title deeds.

Property Details
* For Sale
* Property Type: Land
* Location: Limassol, Erimi, Cyprus
* Price: €280,000 Plus VAT
* VAT: Plus
* Date Available From: 10th September 2019
* Loan Installment: €1,372

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: €280,000

Own Contribution (30%): €84,000

Loan Amount (70%): €196,000

Interest rate: 3.2%

Years of repayment: 15 years