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Agricultural Land in Neo chorio, Neo Chorio Pafou, Paphos


Neo Chorio, Paphos

REF: L-109559
€1,200,000
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Available
Property for Sale in Paphos, Neo Chorio Pafou, Cyprus

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Plot/land (sq.m.)
187319m2

Property Details

Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Agricultural
  • Location: Paphos, Neo Chorio Pafou, Cyprus
  • Price: €1,200,000
  • VAT: N/A
  • Loan Installment: €5,387

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: €1,200,000
Own Contribution (35%): €420,000
Loan Amount (65%): €780,000
Interest rate: 3%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 187319sqm
  • Reference: L-109559

Property Description

This land comprises of 6 fields and a 14/15 share of a seventh field in Neo Chorio, Paphos.

It has an area of 187,319sqm (164,219sqm and 14/15 of 24,750sqm) and abuts a registered footpath along its south border. A distribution agreement is in place for the field with the shared ownership. Part of the asset falls within Natura 2000 area.

The immediate area comprises of agricultural and undeveloped parcels of land.

The land falls within two planning zones:

- 64,792sqm fall into agricultural planning zone Δα31 with 10% building density, 10% coverage, 1 floor and a maximum height of 5m.

-24,177sqm fall into protected planning zone Δα2 with 1% building density, 1% coverage, 1 floor and a maximum height of 5m.
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Additional Details

Zone (ie. H2)
Δα31 Δα2
Zone type
Agricultural
Building density (%)
10 1
Coverage ratio (%)
10 1
Floor allowance
2
Title deed or under separation
Title Deed

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