House buy in Polis Pafos

Two Villas build within touristic land of total 9770sqm located in Prodromi with easy access to main road Unobstructed sea view Zone:T6a1 Zone type: Touristic BD: 20% CR: 15% FL.No: 2 Land has existing 2 identical 3 bedroom fully furnished and equipped villas with private swimming pool each of 37sqm There is currently a contract with companies and income of rent for 8 months comes to €19000.00 for each property. This is an excellent opportunity for investment with provision - plan to expand your business. Property Details * For Sale * Property Type: House * Property Subtype: Detached * Property Label: Investment Property and Development Property * Location: Paphos, Polis Chrysochou, Cyprus * Internal Area: 135sqm * Covered Verandas: 28sqm * Bedrooms: 3 * Bathrooms: 2 * No of WCs: 2 * Price: €1,200,000 * VAT: N/A * Loan Installment: €3,417 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: €1,200,000 Own Contribution (25%): €300,000 Loan Amount (75%): €900,000 Interest rate: 2.2% Years of repayment: 30 years