Residential Land In Pissouri, Limassol

Beschreibung

A large piece of land comprising 113.000sq.

m is for sale. The land is only 90m form the sea shore and enjoys an excellent, panoramic and unobstructed view to the sea. It fronts the old road of Limassol - Paphos with a frontage of 450m. It is a south-west orientated land with a normal contour. It is located between Limassol (25min) and Paphos (20min). The distance to the airport of Paphos town in 10minutes. The mythical birth - place of Aphrodite is only 2km away whereas the famous Aphrodite's Hills Golf resort in only 5 minutes by car. A property of its own class for a unique development opportunity. Options of Development: tourist villas, hotel, wellness and rehabilitation centre, casino, holiday park or other choices of development can be discussed.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Pissouri, Cyprus
* Price: €8,500,000
* VAT: N/A
* Loan Installment: €41,664

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: €8,500,000

Own Contribution (30%): €2,550,000

Loan Amount (70%): €5,950,000

Interest rate: 3.2%

Years of repayment: 15 years