The land is situated in the Ypsonas area of Limassol.
The building density is 80% and the coverage is 45% with 3 build-able floors.
The land is perfect for a development of apartment buildings.
The land may be subject to vat.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Ypsonas, Cyprus
* Price: €650,000
* VAT: N/A
* Date Available From: 24th December 2018
* Loan Installment: €3,186
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: €650,000
Own Contribution (30%): €195,000
Loan Amount (70%): €455,000
Interest rate: 3.2%
Years of repayment: 15 years
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