This piece of land is located in Monovolikos area next to Ellinas diy. This land don’t have zone yet because of Great Britain bases. Soon the ministry of interior communicate will change the zones and here will be a residential zone. After this, this piece of land could be a nice piece for good and big investment. Asking price 700000 euro.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Monovolikos, Cyprus
* Price: €700,000
* VAT: N/A
* Loan Installment: €3,431

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: €700,000

Own Contribution (30%): €210,000

Loan Amount (70%): €490,000

Interest rate: 3.2%

Years of repayment: 15 years