Great opportunity for investors!

Amazing 14961 sq.m residential land with abstract panoramic views of the mountain valleys. Only 2 kilometers away from historic Berengaria Hotel, soon to be renovated and upgraded into a five star hotel.
13288 sq.m falls into Η7 zone and has 15% building density and 15% coverage and 1673 Sq.m falls into Z2zone and has 3% building density and 3% coverage.

Must be seen!!

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Prodromos, Cyprus
* Price: €1,000,000 Plus VAT
* VAT: Plus
* Loan Installment: €4,902

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: €1,000,000

Own Contribution (30%): €300,000

Loan Amount (70%): €700,000

Interest rate: 3.2%

Years of repayment: 15 years