The land is situated in the sort after area of Ayia Fylaxis which is only a 5 minute drive to the highway.
The land is residential and has a 60% build factor and a coverage of 35% meaning that you can build over 7000 m2 of residential property.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Agia Fylaxis, Cyprus
* Price: €2,000,000 Plus VAT
* VAT: Plus
* Date Available From: 4th September 2018
* Loan Installment: €9,803

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: €2,000,000

Own Contribution (30%): €600,000

Loan Amount (70%): €1,400,000

Interest rate: 3.2%

Years of repayment: 15 years