For Sale 5 Bedroom Detached House In Agios Theodoros, Pafos, Paphos

Description

This big house is located in a quiet residential corner of Universal Area, Agios Theodoros of Paphos Municipality. House total size is 360 sq.

m of which 25 sq.

m constitute a garage for 2 cars that leads into the house internally. The house is of a beautiful contemporary architectural design and all internal areas are very smartly designed/constructed that can be efficiently utilized by owners.
The internal area is as follow:
Basement
- lounge space with natural sun light
- separate dining room and bar
- separate sitting room with a fire place
- separate kitchen room with dining area
- quest room en suite bathroom
- guest wc
- garage for 2 cars
- TV Room
- utility room
1st Floor
- kichenette
- sitting room/lounge
- 4 bedrooms out of which the master bedroom has en-suite bathroom and walk in wardrobe
- utility room

Externally, the house has a yard, most of which is covered with stamped concrete, flowers garden, and open parking spaces.

The location is more than perfect, since is in walking distance to Paphos Kings Avenue Mall, Kato Paphos Beach area, supermarkets, schools and all needed amenities.

Finally, there is unutilised building density for the plot of about 250 sq.

m that consist a competitive advantage and opportunity to erect an independent 2nd Top Floor 2 or 3 penthouses or either 1 huge in size.
GREAT GREAT GREAT Opportunity for investment!!!

Property Details
* For Sale
* Property Type: House
* Property Subtype: Detached
* Property Label: Investment Property
* Location: Paphos, Pafos, Cyprus
* Internal Area: 335sqm
* Covered Verandas: 20sqm
* Uncovered Verandas: 85sqm
* Bedrooms: 5
* Bathrooms: 3
* No of WCs: 4
* Price: €690,000
* VAT: N/A
* Loan Installment: €1,965

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: €690,000

Own Contribution (25%): €172,500

Loan Amount (75%): €517,500

Interest rate: 2.2%

Years of repayment: 30 years