Agricultural Land In Monagroulli, Limassol

Description

A lovely property of 34717sqm of land in Monagroulli village in Limassol. The land has around 300 grown olive trees and various others. The property also includes a two bedroom house with fire place. There is electricity connection to the property. There are also roads that cover all the areas of the land. There is a licensed well with a 15KW turbine with plenty of water of great quality. The whole property is oriented facing south with solar coverage throughout the day.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Agricultural
* Location: Limassol, Monagroulli, Cyprus
* Price: €600,000
* VAT: N/A
* Date Available From: 10th June 2020
* Loan Installment: €2,941

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: €600,000

Own Contribution (30%): €180,000

Loan Amount (70%): €420,000

Interest rate: 3.2%

Years of repayment: 15 years