Land buy in Mesa Chorio Pafos

Plot of land for sale. This plot has the opportunity to build 4,515 m2 with coverage of 50% and floor allowance of 2 floors. The property comes up to 80 euros/m2 which makes it a perfect investment opportunity. This plot does not have a registered road. Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Location: Paphos, Armou, Cyprus * Price: €400,000 * VAT: N/A * Loan Installment: €1,961 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: €400,000 Own Contribution (30%): €120,000 Loan Amount (70%): €280,000 Interest rate: 3.2% Years of repayment: 15 years