Tourist Land in Pentakomo, Limassol

Address: Limassol, Cyprus

Available land which is approximate 888 sq.m., ideal for a tourist development in the coastal area of Pentakomo village, in Limassol.
It has a regular shape, a smooth and flat topography and 25 meters (approx.) frontage on a registered road which makes development easier.
A key advantage the fact that it is located at a very close distance from the sea.
It lies within the tourist zone Τ1ε with a building density of 50% for hotels, 45% for tourist villages and 30% for residences / services.
The above price might be subject to VAT.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Tourist
* Location: Limassol, Pentakomo, Cyprus
* Price: €100,000
* VAT: N/A
* Loan Installment: €449
If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.
Loan Installment Calculations:
Closing Price: €100,000
Own Contribution (35%): €35,000
Loan Amount (65%): €65,000
Interest rate: 3%
Years of repayment: 15 years

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