The land is located in Kolossi village which is only a 5 minute drive to Limassol.
There is a build factor of 60% so the land is perfect for a single or double residency.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Property Label: Development Property
* Location: Limassol, Kolossi, Cyprus
* Price: €320,000
* VAT: N/A
* Date Available From: 3rd May 2019
* Loan Installment: €1,569

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: €320,000

Own Contribution (30%): €96,000

Loan Amount (70%): €224,000

Interest rate: 3.2%

Years of repayment: 15 years