Fantastic 4485sqm residential land with panoramic view and 3 sides road in Pera Pedi area in Limassol. The property is 25 minutes driving distance from Limassol and 30 minutes driving distance from Troodos mountain. It has H3 residential zone, 60% building density, 35% coverage and 2 floors allowance with 3 sides roads, electricity and water. The price might be subject to VAT.
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Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Pera Pedi, Cyprus
* Price: €550,000
* VAT: N/A
* Date Available From: 18th January 2021
* Loan Installment: €2,696

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: €550,000

Own Contribution (30%): €165,000

Loan Amount (70%): €385,000

Interest rate: 3.2%

Years of repayment: 15 years