Land buy in Mesa Chorio Pafos

Residential land of 1004 sq.m with build density 40%, coverage 25% and 2 floors allowance with 8,3m height. Ideal investment for permanent residents. This property is located close to the local amenities in a quiet area. Property Details * For Sale * Property Type: Land * Location: Paphos, Letymvou, Cyprus * Price: €55,000 Plus VAT * VAT: Plus * Loan Installment: €270 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: €55,000 Own Contribution (30%): €16,500 Loan Amount (70%): €38,500 Interest rate: 3.2% Years of repayment: 15 years