Residential, Commercial Land In Mesogi, Paphos

Description

INVEST FOR THE FUTURE

This land is in its own league, it has a 1580m2 and 90% building density.

In this land you can build any commercial building with ease.

There is already a house in this piece of land of 138m2 and has the capability of building a lot more!

The investors that take this opportunity, can build a 1400m2 building that consists of 2 floors (10 m).

Located on a spot where is crowded with cars that will notice this commercial building.

The land has a lot of prospects and just needs a little imagination and capital to turn it into your establishment.

Please do not hesitate to contact us for more info and details.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential, Commercial
* Location: Paphos, Mesogi, Cyprus
* Internal Area: 138sqm
* Bedrooms: 3
* Bathrooms: 1
* Price: €720,000
* VAT: N/A
* Date Available From: 15th February 2021
* Loan Installment: €3,529

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: €720,000

Own Contribution (30%): €216,000

Loan Amount (70%): €504,000

Interest rate: 3.2%

Years of repayment: 15 years