Tourist Land In Pissouri, Limassol

Description

The land is located in Pissouri area of Limassol and has a fantastic sea view.

The building density is 25% and has a coverage of 20%.

As the land is 13546 sq, the land is perfect for a large project .

The land is less than 100 m from the sea front.

It is in a quiet nice area, surrounded by nice houses, with easy access to the motorway and close to all amenities.

It has full share of title deeds.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Tourist
* Property Label: Development Property
* Location: Limassol, Pissouri, Cyprus
* Price: €3,400,000
* VAT: N/A
* Date Available From: 23rd October 2019
* Loan Installment: €16,666

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: €3,400,000

Own Contribution (30%): €1,020,000

Loan Amount (70%): €2,380,000

Interest rate: 3.2%

Years of repayment: 15 years