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Residential plot, in a quiet residential area in Pegeia Municipality, in Paphos District. The property is ideally situated close to an abundance of amenities and services such as supermarkets, shops, restaurants, schools etc. It enjoys excellent access to the Paphos town center and the ?Coral Bay? beach. Moreover, the magical Sea Caves and the impressive Avakas Gorge are also a short drive away. It has a regular shape with a slightly sloping surface. The main feature of the area is the extraordinary combination of mountain and sea views. Pegeia is a long-time tourist destination with great building development potential, with many holiday homes. It is considered as an excellent choice for a land developer. Property Details * For Sale * Property Type: Plot * Property Subtype: Residential * Property Label: Investment Property and Development Property * Location: Paphos, Pegeia, Cyprus * Price: €340,000 Plus VAT * VAT: Plus * Loan Installment: €1,667 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: €340,000 Own Contribution (30%): €102,000 Loan Amount (70%): €238,000 Interest rate: 3.2% Years of repayment: 15 years