Residential Plot In Peyia, Pegeia, Paphos

Description

This plot is located in Pegeia, Paphos.

It has an area of 11,372sqm and benefits from c. 59m road frontage along a registered road on its southwest border.

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

The plot falls within three planning zones:

-c 5,117sqm fall agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m.

-c 3,412sqm holiday housing planning zone Π1 with 15% building density, 15% coverage, 2 floors and a maximum height of 8,3m.

-c. 2,843sqm fall into commercial planning zone ΕΜΠ1 with 15% building density, 15% 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: €874,500 Plus VAT
* VAT: Plus
* Loan Installment: €4,287

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: €874,500

Own Contribution (30%): €262,350

Loan Amount (70%): €612,150

Interest rate: 3.2%

Years of repayment: 15 years