Land buy in Tala Pafos

This asset is a plot in Tala, located near Tala's municipal park and Talas centre. It has an area of 811sqm and has a rather regular shape with a smooth sloping surface. It offers a nice view of the surrounding area as well as distant sea view. The immediate area consists of residential developments and undeveloped parcels of land. The asset is covered by all utility services (water, electricity and telecommunication), falls within residential planning zone K?10 with 30% building density, 20% coverage (25% for houses), 2 floors and a maximum height of 10m. Property Details * For Sale * Property Type: Plot * Property Subtype: Residential * Location: Paphos, Tala, Cyprus * Price: €120,000 Plus VAT * VAT: Plus * Loan Installment: €588 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: €120,000 Own Contribution (30%): €36,000 Loan Amount (70%): €84,000 Interest rate: 3.2% Years of repayment: 15 years