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: €425,000 Own Contribution (30%): €127,500 Loan Amount (70%): €297,500 Interest rate: 3.2% Years of repayment: 15 years
Plot/Land Size: 1587sqm
This residential plot of land by 84% and commercial by 16% is located in "Petridia" area i.e. on the borders of Paphos Municipality and Empa. This is a quiet residential area, walking distance to schools, supermarkets and all amenities. Is 3 min drive to the exit of Paphos highway to Limassol, 5 min drive to Kato Paphos tourist Area, 4 min drive to Paphos Kings Avenue shopping mall, 3 min drive to Paphos city center. It consist a very good investment opportunity price/real value with adequate return for the investor that decides to take it over.