Nice clear good shaped piece of land located in souni-zanakia area just 20 minutes from Limassol. This land of 5352sqm is suitable for investment. Has 20% build density and 20% cover ratio but important to know that exactly opposite of this land there are separate plot with build density 60%. So if someone separates this piece of land into separate plots he can easily take higher building density. Asking price 300000 euro

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Souni-zanakia, Cyprus
* Price: €300,000
* VAT: N/A
* Loan Installment: €1,471

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: €300,000

Own Contribution (30%): €90,000

Loan Amount (70%): €210,000

Interest rate: 3.2%

Years of repayment: 15 years