Agricultural Land in Armou, Paphos

Address: Paphos, Cyprus

Two excellent pieces of land with almond and olive tree plantation between two beautiful villages:
Armou and Mesa Chorio; five minutes driving from the city of Paphos.
They are located right next to an approved rural road which offers easy access to the land because is passing between them.
The two pieces of land are surrounded by a very beautiful natural environment.
About half of the field offers a distant view of the sea of Paphos.
The land is near Mesa Chorio and Armou village
There is a high probability of being included in the residential zone soon.
Property Details
* For Sale
* Property Type: Land
* Property Subtype: Agricultural
* Location: Paphos, Armou, Cyprus
* Price: €60,000
* VAT: N/A
* Loan Installment: €294
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: €60,000
Own Contribution (30%): €18,000
Loan Amount (70%): €42,000
Interest rate: 3.2%
Years of repayment: 15 years

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