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PERFECT BUILDING EXCELLENT INVESTMENT WITH HIGH YIELD IN EGKOMI

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Ref: B-96902
Asking Price
€1,900,000
Loan Installment

Click to calculate

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Property Details
  • For Sale
  • Property Type: Building
  • Property Subtype: Residential
  • Location: Nicosia, Egkomi Lefkosias, Cyprus
  • Internal Area: 1484sqm
  • Covered Verandas: 84sqm
  • Price: €1,900,000
  • VAT: N/A
  • Loan Installment: €9,012

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:
Assumptions:
Closing Price: €1,900,000
Own Contribution (35%): €665,000
Loan Amount (65%): €1,235,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Age: 4 Years
  • Floors: 3
  • Plot/Land Size: 670sqm
  • Units: 15
  • Reference: B-96902
Dimitris Vasiliou
Mobile: (+357) 99478911

Nicosia
Address: Nicosia Georgiou Davari Office
This perfect condition building located at an area close to the University of Nicosia has great demand from University students and high yield. It has 3 floors plus the basement and each apartment has a covered parking and a store room. It consists a total of 15 fully furnished (included in the price) apartments from which 6 are one bedroom flats and 9 studios, all of them always fully rented, never been empty. The building has a final approval and it is at the stage where the land Registry will issue the title deeds. For more details regarding the Rental income - yield of the building and to visit the property, please contact me by phone or email.
Attributes
Parking-Covered
Use of building
Residential
No of parking spaces
16
Air Conditioning

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