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: €2,025,000
Own Contribution (35%): €708,750
Loan Amount (65%): €1,316,250
Interest rate: 3.8%
Years of repayment: 15 years
Commercial Building in Nicosia center. The asset has an area of 2,049sqm and comprises of: A ground floor of 308sqm with office space. Three floors of 308sqm each with office space. The fourth floor with 283sqm of office space. The basement of 534sqm with 11 parking spaces and three storage rooms. Access to the whole building is provided by two elevators.