This lovely flat land in an elevated position and with easy access to the beach road is ideal for any developer or investor or someone who would like to build their dream home with a private drive in.
The land has a size of 5,686 sqm
H5-54% of the land with 30% building density and 20% coverage allowing 2 floors with height 8.3
H6- 46% of the land is 20% building density and 20% coverage allowing 2 floors with height 8.3.
The plot has views of all Pyrgos and Pareklissia.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Parekklisia, Cyprus
* Price: €240,000 Plus VAT
* VAT: Plus
* Date Available From: 23rd November 2020
* Loan Installment: €1,176

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: €240,000

Own Contribution (30%): €72,000

Loan Amount (70%): €168,000

Interest rate: 3.2%

Years of repayment: 15 years