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: €87,000
Own Contribution (25%): €21,750
Loan Amount (75%): €65,250
Interest rate: 2%
Years of repayment: 30 years
The project is being built in a privileged area in the Municipality of Geri and consists of 12 apartments in a three-storey apartment building located on the main road of Athalassa - Geri.
Each floor consists of 4 apartments, one (1) two-bedroom and three (3) one-bedroom.
The building is just a few minutes away from the new University of Cyprus, from the General Hospital, from the exit to the Nicosia - Limassol intercity road, from the Latsia shopping district and the new big shopping centers(MALL, IKEA, LEROY, etc.). Public transport is available nearby.
What distinguishes this particular project is the functional design of the premises, the high quality of construction,the energy efficiency of the Class A building and the high-quality materials.
These apartments are ideally suited as a permanent living space or as a good investment with a high return on capital.