Nice piece of land 4992sqm located in Parekklisia area just 10 minutes from Limassol. This piece of Land is suitable for a developer , with the license and the separations ready. cover ratio 20%, build density 30% up to 2 floors. You can easily build 6 houses 180sqm each.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Parekklisia, Cyprus
* Price: €360,000
* VAT: N/A
* Loan Installment: €1,765

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: €360,000

Own Contribution (30%): €108,000

Loan Amount (70%): €252,000

Interest rate: 3.2%

Years of repayment: 15 years