Mixed Use Land In Pissouri, Limassol

Description

A large piece of land comprising 50732m2 is now on the market for purchase. 23230 sqm of the land is in the tourist zone and 27502sqm in agriculture zone. The land is only some meters from the sea shore and enjoys an excellent, panoramic and unobstructed view of the sea. It is located between Limassol (25min) and Paphos (20min). The distance to the airport of Paphos town in 15minutes.. 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: Mixed used
* Location: Limassol, Pissouri, Cyprus
* Price: €3,000,000
* VAT: N/A
* Date Available From: 4th January 2022
* Loan Installment: €14,705

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: €3,000,000

Own Contribution (30%): €900,000

Loan Amount (70%): €2,100,000

Interest rate: 3.2%

Years of repayment: 15 years