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: €400,000
Own Contribution (35%): €140,000
Loan Amount (65%): €260,000
Interest rate: 3.8%
Years of repayment: 15 years
A two floor semi-detached building in the old town of Limassol walking distance to all amenities and the beach.The property has separate title deeds for the upper and lower level, therefore can be sold together or separately.Two bedroom apartment on the ground level consisting of 100m² with courtyard and a two bedroom on the upper level .The plot size is 168m², the total covered area is 200m²(total area of both apartment with room for extra floors.An ideal investment to make into studios or 1 bedroom apartments.