Residential Land in Spitali, Limassol

This lovely plot of flat land is ideal for investment of house complex or a large private villa.
The land is in a beautiful location of Spitali very near Fassoula.
Road, water, electricity available
55% of the land is 60% density and 35% coefficient
45% of the land at the rear end is 01% which would be the ideal area for gardens and swimming pool.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Spitali, Cyprus
* Price: €750,000
* VAT: N/A
* Loan Installment: €3,676

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: €750,000

Own Contribution (30%): €225,000

Loan Amount (70%): €525,000

Interest rate: 3.2%

Years of repayment: 15 years