A 1,300sq.m. Subject to eligibility under the de minimis scheme, the purchaser may qualify for a 40% reduction in the annual ground rent. The lease terms are as follows: • 1st Period (Current): 01/09/2008 – 31/08/2041 • 2nd Period: 01/09/2041 – 31/08/2074 • 3rd Period: 01/09/2074 – 31/08/2107 Location: Strategically located within the Government Industrial Area (Category B) in Timi. • Approximately 300m northeast of the Paphos–Limassol Motorway • Approximately 1.4km north of Timi village square • Approximately 4km northeast of Paphos International Airport Pending issuance of Energy Performance Certificate.
For guidance only — not a mortgage offer. Cyprus banks typically lend up to 70–80% of the value to non-residents and up to 80% to residents; ask us for an introduction to a lender.
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