Residential Land in Agios georgios lemesou, Limassol

Address: Limassol, Cyprus
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Residential land in the Agios Georgios area, in Limassol.
The land size is 3,510sqm, has a triangular shape with a flat surface. It also abuts the motorway buffer zone by c. 70m.
The immediate area comprises of commercial and residential developments.
It is covered by all utility services (water, electricity and telecommunication).
The land falls within two residential planning zone Κα6 with 90% building density, 50% coverage, 3 floors and a maximum height of 13.5m.
THE PRICE IS SUBJECT TO VAT.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Agios Georgios Lemesou, Cyprus
* Price: €855,000 Plus VAT
* VAT: Plus
* Loan Installment: €3,838
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: €855,000
Own Contribution (35%): €299,250
Loan Amount (65%): €555,750
Interest rate: 3%
Years of repayment: 15 years

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