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: €680,000
Own Contribution (25%): €170,000
Loan Amount (75%): €510,000
Interest rate: 3%
Years of repayment: 30 years
The project is located in a very quiet and desirable neighbourhood in Potamos Germasoyias , close to amenities (supermarkets, restaurants, schools, etc.) and a short walk from the beach and ‘Dasoudi’ park along the seafront to the south and the retail outlets and restaurants of Kolonakiou Avenue to the north. The development affords easy access to Limassol City Centre and the highway that in turn provides high connectivity to both airports. In the immediate vicinity there is a large well-maintained public green space that lies diagonally across the street to the south east of the site ensuring uninterrupted views towards the sea from the upper levels of the proposed development.
The project itself is arranged over three floors. The ground floor area is allocated to a large entrance lobby, covered parking for 6 cars (2 parking’s per apartment) and store rooms. Controlled access points are located for both vehicular and pedestrian entry/ exit points. The floors above generate 3 apartments. One generously sized three-bedroom apartment per floor. The third floor apartment has an enhanced floor to ceiling height over the living/ dining room (3.8m) and has exclusive use of the roof garden including a sun lounge and plunge pool.
The project will be ready to deliver in July 2020.