A fabulous plot of land in Souni with a division licence for 4 large plots.
This can be ideal for a developer to build four detached houses or 1 large villa on the whole land.
20% building density and 20% coverage.

Property Details
* For Sale
* Property Type: Land
* Property Label: Investment Property and Development Property
* Location: Limassol, Souni-zanakia, Cyprus
* Price: €550,000
* VAT: N/A
* Loan Installment: €2,696

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: €550,000

Own Contribution (30%): €165,000

Loan Amount (70%): €385,000

Interest rate: 3.2%

Years of repayment: 15 years