This nice residential land of 7873sqm is located in Tala area with magnificent sea view.

It lies within Κα10 residential zone with 30% building density , 20% coverage ratio with allowance of 2 floors of 8.3 meters height .

There are ready architectural plans for properties with private pool and planning permit for the first 4 .

Excellent choice for development investment.

Please contact us for more information .

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Property Label: Development Property
* Location: Paphos, Tala, Cyprus
* Price: €700,000 Plus VAT
* VAT: Plus
* Loan Installment: €3,431

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: €700,000

Own Contribution (30%): €210,000

Loan Amount (70%): €490,000

Interest rate: 3.2%

Years of repayment: 15 years