Residential Land in Pano platres, Limassol

Indirizzo: Limassol, Cyprus

Residential land in Pano Platres village in Limassol. It is situated on a tree-lined slope that overlooks the wider area, at a distance of approximately 500 meters northeast of the center of the village.
It has an irregular shape with a sloping surface and abuts onto a public registered road along its east boundary with a frontage of approximately 35 meters.
It is situated within a short distance of various picturesque villages in the area, nature trails, waterfalls and other places of interest.
The field is an appealing investment for both individuals or property developers.
The above price might be subject to VAT.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Limassol, Pano Platres, Cyprus
* Price: €400,000
* VAT: N/A
* Loan Installment: €1,796
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: €400,000
Own Contribution (35%): €140,000
Loan Amount (65%): €260,000
Interest rate: 3%
Years of repayment: 15 years

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