Land buy in Zygi Larnaka

Big residential plot of 711sqm close to Paphos city center,walking distance to private clinic,supermarkets,banks,schools,retail shops,restaurants,bakeries etc! Building density 100%,coverage 50% and allowance of 3 floors with 13.5m height! Water and electricity supply! Ideal investment for a block of residential apartments! Property Details * For Sale * Property Type: Plot * Property Subtype: Residential * Property Label: Investment Property * Location: Paphos, Agios Theodoros, Cyprus * Price: €247,000 Plus VAT * VAT: Plus * Loan Installment: €1,211 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: €247,000 Own Contribution (30%): €74,100 Loan Amount (70%): €172,900 Interest rate: 3.2% Years of repayment: 15 years