Residential Plot In Tsada, Paphos

Description

This asset comprises of three adjoining fields in Tsada, Paphos.

The asset is located c. 800m southeast of Tsada village center and c. 350m south of Paphos - Polis Chrysochous road.

The asset has an area of 22,748sqm and benefits from c. 52m road frontage along a registered road on its south border.

The immediate area comprises of residential developments and undeveloped parcels of land.

The asset falls within residential planning zone H4 with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m.

Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Residential
* Location: Paphos, Tsada, Cyprus
* Price: €1,082,000 Plus VAT
* VAT: Plus
* Loan Installment: €5,304

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: €1,082,000

Own Contribution (30%): €324,600

Loan Amount (70%): €757,400

Interest rate: 3.2%

Years of repayment: 15 years