Large piece of land near main road to Coral Bay in Chloraka.
-Near Touristic area with hotels etc,
-Suitable for development of 5 specious (3bedroom) villas with large private plots,
-Ideal for PR houses development
-walking distance from beach
-5 minutes drive to Mall and 10 minutes to harbor.
-Close to Chloraka’s public squire (with restaurants/taverns and pictures traditional coffee-shops)

Property Details
* For Sale
* Property Type: Land
* Property Label: Investment Property and Development Property
* Location: Paphos, Chlorakas, Cyprus
* Price: €400,000
* VAT: N/A
* Loan Installment: €1,961

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: €400,000

Own Contribution (30%): €120,000

Loan Amount (70%): €280,000

Interest rate: 3.2%

Years of repayment: 15 years