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: €168,000
Own Contribution (25%): €42,000
Loan Amount (75%): €126,000
Interest rate: 3%
Years of repayment: 30 years
The modern three-storied building in the center of Latsia-area at the outskirts of Nicosia, close to all amenities.
Main characteristic is the modern design, located in a central but quiet area with lots of open spaces, the functionality and the comfort of the internal and external spaces. It has two covered verandas, two bathrooms (one ensuite), covered parking space and storage.
It is built with the highest specifications in building quality and material, and in full accordance with the regulations for energy efficiency.
In a modern building with just 9 two-bedroom apartments on three floors, it offers luxury and secure living with low carbon footprint. The building is close to public transport, schools, shops and supermarkets, the Nicosia General Hospital and The Mall of Cyprus, and is only 10 minutes from the city centre and with immediate access to the motorway leading to the beach and airport.
It have spacious living areas, two bedrooms and bathrooms, separate kitchen and large terraces. Covered parking and storage rooms alocated on the gound floor with access only for the tenants.
Fully finished with high quality materials and many extras.