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: €80,000
Own Contribution (25%): €20,000
Loan Amount (75%): €60,000
Interest rate: 3%
Years of repayment: 30 years
The property for sale is a nice one-bedroom apartment in Agios Vasilios quarter, in Strovolos. It is conveniently close to amenities such as schools, supermarkets and other services. It is located on the second floor of a three story building and consists of an open plan kitchen and living room area, one bedroom and a bathroom. The internal area of the apartment is 53 sqm and the covered verandas are 8 sqm. It has a separate Title Deed.