Plot in Peyia, Pegeia, Paphos

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Ref: P-61930
Asking Price
Loan Installment

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Property for Sale in Paphos, Pegeia, Cyprus
Property for Sale in Paphos, Pegeia, Cyprus
Property for Sale in Paphos, Pegeia, Cyprus

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Property Details

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:
Closing Price: €2,500,000
Own Contribution (35%): €875,000
Loan Amount (65%): €1,625,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 9031sqm
  • Reference: P-61930
Achilleas Demetriou

Address: Paphos Athinon Office
The plot can easily be divided to 12 separate plots of 700 square meters and a luxurious house with 210 square meters covered area (apart from the basement) can be constructed to each plot. The development of 12 luxurious houses is an indication. The investor can develop his own plans with less or more houses and even with any other kind of development.The plot is located in the most prestigious area of Pegeia (Agios Dimitrios - Gyros tis Rizas). It is very close to Coral Bay, to the Marina area and to Saint George area. (Beach: 10 min Drive, Airport: 35 min Drive, Golf: 30 min drive) The plot has undisturbed sea view and uninterrupted view to Coral Bay and St. George as well as to Mountains and to all surmounting areas. The plot is free from any mortgage and the title deeds can be issued within one day.You should know:With the available Citizenship schemes, with total investment of €2.500.000, the investor can obtain a Cyprus PassportAll required planning permits can be obtained within a very short period of timeThe purchaser can be one or more physical persons or companiesThe investor can develop its project with an average cost per covered square meter (up to completion) of approximately €1.500
Zone (ie. H2)
Building density (%)

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