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Tourist Plot in Argaka, Paphos


Argaka, Paphos

REF: P-113971
€80,000 Plus VAT
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Available
Property for Sale in Paphos, Argaka, Cyprus

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Plot/land (sq.m.)
1200m2

Property Details

Property Details
  • For Sale
  • Property Type: Plot
  • Property Subtype: Tourist
  • Location: Paphos, Argaka, Cyprus
  • Price: €80,000 Plus VAT
  • VAT: Plus
  • Loan Installment: €392

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: €80,000
Own Contribution (30%): €24,000
Loan Amount (70%): €56,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 1200sqm
  • Reference: P-113971

Property Description

This is a 1200/5017 share of a plot in Argaka, Paphos.

The asset is located c. 1,2km northwest of Argaka village and c. 560m east of the sea.

It has an area of c. 1,200sqm (1200/5017 share of 5,017sqm) and benefits from a c. 23m road frontage along a registered road on its south border. A distribution agreement is in place.

The immediate area consists of agricultural and undeveloped parcels of land as well as several touristic villas.

The plot falls within touristic planning zone T3β with the following parameters:

-Hotels: 30% building density, 20% coverage, 3 floors and a maximum height of 13.1m.

-Touristic villages: 25% building density, 20% coverage, 2 floors and a maximum height of 8.3m.

-Houses: 20% building density, 20% coverage, 2 floors and a maximum height of 8.3m.
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Paphos Office

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Additional Details

Zone (ie. H2)
T3β
Zone type
Tourist
Building density (%)
30 25 20
Coverage ratio (%)
20 20 20
Floor allowance
3 2 2
Title deed or under separation
Title Deed

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