SIGN UP FOR PROPERTY ALERTS

FOR SALE EXCELLENT RESIDENTIAL BUILDING IN GERI

Back to results
Ref: B-97215
Asking Price
€1,000,000 Plus VAT
Loan Installment

Click to calculate

Interested in this property?

Property Details
  • For Sale
  • Property Type: Building
  • Property Subtype: Residential
  • Location: Nicosia, Geri, Cyprus
  • Internal Area: 700sqm
  • Price: €1,000,000 Plus VAT
  • VAT: Plus
  • Date Available From: 29th October 2019
  • Loan Installment: €4,743

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: €1,000,000
Own Contribution (35%): €350,000
Loan Amount (65%): €650,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Age: 7 Years
  • Floors: 3
  • Plot/Land Size: 575sqm
  • Units: 8
  • Reference: B-97215
Despina LP Panayidou
Mobile: (+357) 99426841

Nicosia
Address: Nicosia Georgiou Davari Office
An excellent residential building with 6 flats of two bedrooms and two penthouses sale in Geri. The building is seven years old and was constructed with best quality material . Its is located in a privilege area at Geri with breathless view in a top hill point that you can view all Geri area . 5 minutes access at Latsia General hospital and Athalassa park. All the flats have their own covered parking space and their storage. It is suitable for investment with high rate of yield. The six 2 bedroom flats are rented for 650 Euro monthly and the penthouses 800 Euro monthly . All the flats have expensive electrical appliances and fully furnished. So the total monthly building rent is 5,500.00 Euro .
Attributes
Heating
Yes
Parking-Covered
Use of building
Residential
No of parking spaces
8
Air Conditioning

Enquire about this property...