Land buy in Geroskipou Pafos

Residential land with unobstructed sea views located in Geroskipou, Paphos. The size of this land is 4683 square meters. Falls into Ka9 residential zone type. Building density is 40% and coverage 25%. You are allowed to build 2 floors with maximum 10 meters height. The property is landlocked with a close distance to a public road and it has irregular shape. Great opportunity for investment!! Ideal for luxury villas. Panoramic Sea Views. Geroskipou is a coastal town in Cyprus, east of Paphos. It is the second largest municipality in the Paphos District. The municipality of Geroskipou has much to offer and a pleasant morning or afternoon can be spent visiting the local attractions. Available now!!! Contact us for viewing!! Property Details * For Sale * Property Type: Land * Property Subtype: Residential * Location: Paphos, Geroskipou, Cyprus * Price: €500,000 Plus VAT * VAT: Plus * Loan Installment: €2,451 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: €500,000 Own Contribution (30%): €150,000 Loan Amount (70%): €350,000 Interest rate: 3.2% Years of repayment: 15 years