Residential Land in Empa, Paphos
The asset is a 50% share of a plot in Empa -Petridia.
Located 1km from the community's centre and just 2.6km from the sea.
The plot is corner and abuts to a registered road, with a frontage of 80m.
It offers close proximity to all amenities and easy access to main road and the motorway
Property characteristics:
BD: 100%
Cov: 50%
Floors permission: 3
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Property Label: Investment Property and Development Property
* Location: Paphos, Empa, Cyprus
* Price: €235,000 Plus VAT
* VAT: Plus
* Loan Installment: €1,055
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: €235,000
Own Contribution (35%): €82,250
Loan Amount (65%): €152,750
Interest rate: 3%
Years of repayment: 15 years Zone (ie. H2): Ka5
Zone type: Residential
Building density (%): 100
Coverage ratio (%): 50
Floor allowance: 3
Title deed or under separation: Title deed
Residential
Ideal investment
100% Building Density
Quiet area on a Cul-de-Sac
