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: €450,000
Own Contribution (35%): €157,500
Loan Amount (65%): €292,500
Interest rate: 3%
Years of repayment: 15 years
Excellent residential investment property – two properties in one in Mesa Geitonia in the heart of Limassol both has separate entrance.
This is a 2 floor Canadian timber-framed house, making it warm in winter & cool in summer. Very economical utility bills as it’s solar powered, well insulated & has double-glazed windows. The property is in a highly sought after area being close to all amenities, shops, schools, beaches & highways .
The property allows for a further floor 162 Sq m to be added. The property has parking at the side of the property and all rooms have air-conditioning and central heating points throughout.
Three bedrooms where two is with fitted wardrobes – Master bedroom has its own en- suite bathroom.
Large private backyard
Main bathroom with Jacuzzi bath
All rooms have air-conditioning, the 1st floor apartment has a huge veranda which could be covered & made into more rooms. There is space for parking at the side of the property .