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: €990,000
Own Contribution (35%): €346,500
Loan Amount (65%): €643,500
Interest rate: 3.8%
Years of repayment: 15 years
A building for sale 1kilometre from the Mall and new Limassol Casino .Plot size 663m².The building is on Commercial road with shops and residential apartments.The building consists of 2 floors and underground parking, with option for a further floor.Ground floor consists of two shops 260m² and 55m² and a 1 bedroom apartment of a further 60m². First floor consists of 2 x 2 bedroom apartments 80m² and 100m² and a further 3 bedroom apartment of 105m².Underground consists of 2 studios 45m² and 25m² and 8 covered parking spaces. This is a great investment opportunity on a resale (NO VAT) building in the busy location