Land In Pissouri, Limassol

Description

The property is a land in Pissouri, Limassol.

It has an area of 9,768sqm and benefits from c. 175m road frontage along a registered road on its south border. It has an irregular shape with a rather flat surface and offers a nice view of the surrounding area and the sea.

The land falls within tourist planning zone T3β with the following parameters:

-Hotels 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m

-Tourist nbsp;villages: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m

-Houses 20% building density, 20% coverage, 2 floors and a maximum height of 8.3m.

THE PRICE IS SUBJECT TO VAT.

Property Details
* For Sale
* Property Type: Land
* Location: Limassol, Pissouri, Cyprus
* Price: €810,000 Plus VAT
* VAT: Plus
* Loan Installment: €3,970

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: €810,000

Own Contribution (30%): €243,000

Loan Amount (70%): €567,000

Interest rate: 3.2%

Years of repayment: 15 years