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Tourist Land in Geroskipou, Paphos


Geroskipou, Paphos

REF: L-97965
€25,000,000
ENQUIRE NOW
Available
Property for Sale in Paphos, Geroskipou, Cyprus
Property for Sale in Paphos, Geroskipou, Cyprus

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Plot/land (sq.m.)
58280m2

Property Details

Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Tourist
  • Location: Paphos, Geroskipou, Cyprus
  • Price: €25,000,000
  • VAT: N/A
  • Date Available From: 10th January 2019
  • Loan Installment: €122,542

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: €25,000,000
Own Contribution (30%): €7,500,000
Loan Amount (70%): €17,500,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 58280sqm
  • Reference: L-97965

Property Description

The land is located in the Geroskipou area of Paphos and is situated on the seafront.
The land has unobstructed sea view and is perfect for a hotel as the land falls in a Tourist zone.
Its very rare to find a piece of land of this size on the seafront.
Nicholas Neocleous logo

Nicholas Neocleous

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Additional Details

Zone (ie. H2)
T5b
Zone type
Tourist
Building density (%)
30% 25%
Coverage ratio (%)
20%
Floor allowance
2
Title deed or under separation
TITLE DEED