Industrial buy in Paphos Páfos

This asset is an incomplete building in Mouttalos, Paphos. It has an area of 1,115sqm and comprises of two floors and a basement. The immediate area of the property comprises of residential developments with easy access towards Paphos center via Thermopylon Avenue. The asset falls within planning zone ??5 with building density coefficient of 100%, coverage coefficient of 50%, in 3 floors and a maximum height of 13,5m. The property offers fantastic sea and mountain views. Property Details * For Sale * Property Type: Building * Property Subtype: Mixed use * Location: Paphos, Mouttalos, Cyprus * Internal Area: 1115sqm * Price: €627,500 * VAT: N/A * Loan Installment: €3,076 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: €627,500 Own Contribution (30%): €188,250 Loan Amount (70%): €439,250 Interest rate: 3.2% Years of repayment: 15 years