House buy in Empa Pafos

This is an old construction property of 3 bedrooms within a large plot of 2779m2. It is a corner plot with easy access to services and facilities such as shops supermarkets and not far from the beach. The plot is within agriculture zone of ??2 but there is a study for moving into residential zone soon. There is access with 2 registered roads to the plot. The land has its own well. This property is suggested for investment as in the near future the price will rise and the value will increase. Property Details * For Sale * Property Type: House * Property Subtype: Detached * Location: Paphos, Empa, Cyprus * Internal Area: 145sqm * Covered Verandas: 1sqm * Bedrooms: 3 * Price: €340,000 * VAT: N/A * Loan Installment: €968 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: €340,000 Own Contribution (25%): €85,000 Loan Amount (75%): €255,000 Interest rate: 2.2% Years of repayment: 30 years