Residential Land in Timi, Paphos

Информация от владельца
A residential plot located in the Timi community within the Paphos district is available for acquisition. This exclusive plot is situated approximately 700 meters to the community center.

The plot has an area of 2408 sqm, benefits from a road frontage of 25m approx. along a public registered road and has a rectangular shape with a smooth surface. The immediate area consists of residential developments and undeveloped parcels of land. It is covered by all utility services (electricity, water and telecommunication). The plot falls within residential planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8.3m.

This plot is perfect for development by either an individual or a property developer, as it is located in a serene and picturesque area that is still conveniently close to all necessary amenities.

After a research we can confirm that is unlikely to find similar properties of this size at this unique price.
Build your own home in a massive plot.

Contact us for more info and to arrange a viewing.

Property Details
* For Sale
* Property Type: Land
* Property Subtype: Residential
* Location: Paphos, Timi, Cyprus
* Price: €165,000 Plus VAT
* VAT: Plus
* Loan Installment: €809

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: €165,000

Own Contribution (30%): €49,500

Loan Amount (70%): €115,500

Interest rate: 3.2%

Years of repayment: 15 years

Fox Smart Estate Agency, Registered and Licensed Estate Agency, R.N 488 L.N. 344 E