Large residential land for sale in Parekklisia village, only 5 minutes drive from the highway and 7 minutes from the beach. The land has coverage ratio 20% (and a part of it 30%) and building density 20% (and a part of it 30%). It is ideal for large scale developing or for 4 villas. The asphalt road, the water and the electricity is less than 100m from the land.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Parekklisia, Cyprus
* Price: €580,000
* VAT: N/A
* Loan Installment: €2,843

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: €580,000

Own Contribution (30%): €174,000

Loan Amount (70%): €406,000

Interest rate: 3.2%

Years of repayment: 15 years