House buy in Palodeia Lemesos

A plot of 622sqm with building density 100%,coverage 50%,allowance of 3 floors with 13.5m height! There is existing an old traditional house of 200sqm. Located in a very quiet residential area close to Paphos center,coffee shops, restaurants,banks,clinics and hospital. Antique furniture, central heating, A/C units in all rooms,spacious family bathroom with bathtub, independent spacious kitchen with dining room, office with big library, pre-hall, living and dining adjoining area, wall fit in wardrobes, very big yard, covered veranda, ... Great opportunity for investment as development project, for permanent residence with a big family! Property Details * For Sale * Property Type: House * Property Subtype: Detached * Property Label: Investment Property * Location: Paphos, Agios Pavlos, Cyprus * Internal Area: 202sqm * Covered Verandas: 25sqm * Bedrooms: 3 * Bathrooms: 1 * No of WCs: 1 * Price: €320,000 * VAT: N/A * Loan Installment: €911 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: €320,000 Own Contribution (25%): €80,000 Loan Amount (75%): €240,000 Interest rate: 2.2% Years of repayment: 30 years