Land buy in Agia Marinouda Pafos

This land is a 1/2 share of a field in Choletria, Paphos. It has an area of c. 5,853sqm (1/2 share of 11,706sqm) and benefits from c. 26m road frontage along its east border. There is no distribution agreement in place. The immediate area comprises of undeveloped parcels of land as well as some scattered residential developments. The land falls within residential planning zone ?3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m. Property Details * For Sale * Property Type: Land * Property Subtype: Agricultural * Location: Paphos, Choletria, Cyprus * Price: €28,000 * VAT: N/A * Loan Installment: €137 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: €28,000 Own Contribution (30%): €8,400 Loan Amount (70%): €19,600 Interest rate: 3.2% Years of repayment: 15 years