The property is 1766m2 in size, with sea view in Pareklisia village. The land is in the residential zone ,the building density is 20% and the cover ratio is 20% with an allowance to build up to 2 floors.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Parekklisia, Cyprus
* Price: €240,000 Plus VAT
* VAT: Plus
* Date Available From: 2nd July 2021
* 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