Residential land in prime location is now for sale in Linopetra area, close to Kolonakiou Avenue. The land is surrounded by all amenities, shops, restaurants/cafes, schools and is only 2 minutes drive to the beach. The available area for sale is approx. 2673sqm, which is the 1/2 part of the land. The land has covered ratio of 50% and building density of 100%!

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Agios Athanasios, Cyprus
* Price: €1,400,000
* VAT: N/A
* Loan Installment: €6,862

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: €1,400,000

Own Contribution (30%): €420,000

Loan Amount (70%): €980,000

Interest rate: 3.2%

Years of repayment: 15 years