Tourist Land In Geroskipou, Paphos
Description
The land is located in the Geroskipou area of Paphos and is situated on the seafront.
The land has unobstructed sea view and is perfect for a hotel as the land falls in a Tourist zone.
Its very rare to find a piece of land of this size on the seafront.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Tourist
* Location: Paphos, Geroskipou, Cyprus
* Price: €25,000,000
* VAT: N/A
* Date Available From: 10th January 2019
* Loan Installment: €122,542
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: €25,000,000
Own Contribution (30%): €7,500,000
Loan Amount (70%): €17,500,000
Interest rate: 3.2%
Years of repayment: 15 years
Price: $26,800,000
![Agent Photo](https://www.foxrealty.com.cy/assets/updates/images/page-property/agent-placeholder.png)