Residential Plot In Peyia, Pegeia, Paphos

Description

This plot is located in Pegeia, Paphos, 400m northeast of Pegeia - Akoursos road and 2km northeast of the coast.

It has an area of 14,382sqm, has a rather square shape with a slightly sloping and uneven surface. The plot benefits from c. 210m frontage along a public registered footpath on its north border.

The plot has the potential to be covered by all utility services (water, electricity and telecommunication).

The immediate area comprises of agricultural and undeveloped parcels of land as well as some scattered residential developments.

The plot falls within two planning zones:

- ,053sqm fall into holiday housing planning zone Π3α with 25% building density, 25% coverage, 1 floors and a maximum height of 5m.

-6,329sqm agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m.

Property Details
* For Sale
* Property Type: Plot
* Property Subtype: Residential
* Location: Paphos, Pegeia, Cyprus
* Price: €864,500 Plus VAT
* VAT: Plus
* Loan Installment: €4,238

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: €864,500

Own Contribution (30%): €259,350

Loan Amount (70%): €605,150

Interest rate: 3.2%

Years of repayment: 15 years