A low complexity massive multiple-input multiple-output (MIMO) technique is studied with a geometry-based stochastic channel model, called COST 2100 model. We propose to exploit the discrete-time Fourier transform of the antenna correlation function to perform user scheduling. The proposed algorithm relies on a trade off between the number of occupied bins of the eigenvalue spectrum of the channel covariance matrix for each user and spectral overlap among the selected users. We next show that linear precoding design can be performed based only on the channel correlation matrix. The proposed scheme exploits the angular bins of the eigenvalue spectrum of the channel covariance matrix to build up an "approximate eigenchannels" for the users. We investigate the reduction of average system throughput with no channel state information at the transmitter (CSIT). Analysis and numerical results show that while the throughput slightly decreases due to the absence of CSIT, the complexity of the system is reduced significantly.