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Residential Land in Geroskipou, Paphos


Geroskipou, Paphos

REF: L-100271
€1,600,000 Plus VAT
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Available
Property for Sale in Paphos, Geroskipou, Cyprus

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Plot/land (sq.m.)
8666m2

Property Details

Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Residential
  • Location: Paphos, Geroskipou, Cyprus
  • Price: €1,600,000 Plus VAT
  • VAT: Plus
  • Loan Installment: €7,843

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: €1,600,000
Own Contribution (30%): €480,000
Loan Amount (70%): €1,120,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 8666sqm
  • Reference: L-100271

Property Description

This residential plot of land is located on a prime location of Geroskipou Municipality. It is 5 minutes drive to Geroskipous' well-organized municipal beach facilities, 2 minutes from Geroskipou Municipality central square, 4 min drive to Geroskipou Municipal Beach and 5 minutes from Kato Paphos main Tourist area.

Its rectangle shape, building density of 40% and all other town-planning characteristics suggest for an investment opportunity(re:provided is developed) with a high return.
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Paphos Office

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Additional Details

Zone (ie. H2)
Ka9
Zone type
Residential
Building density (%)
40%
Coverage ratio (%)
25%
Floor allowance
2
Title deed or under separation
title deed

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