Land In Pissouri, Limassol

Description

Available two adjoining fields in Pissouri, Limassol.

The land has an area of 36,860sqm and benefits from c. 200m road frontage along a registered road on its north border. It has an irregular shape with a rather flat surface and offers a nice view of the surrounding area and the sea.

It 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.
Call us for more information and a viewing.

Property Details
* For Sale
* Property Type: Land
* Location: Limassol, Pissouri, Cyprus
* Price: €2,910,000 Plus VAT
* VAT: Plus
* Loan Installment: €14,264

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: €2,910,000

Own Contribution (30%): €873,000

Loan Amount (70%): €2,037,000

Interest rate: 3.2%

Years of repayment: 15 years