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: €127,000
Own Contribution (25%): €31,750
Loan Amount (75%): €95,250
Interest rate: 3.6%
Years of repayment: 30 years
This small house is ideal for permanent residence or uses as a holiday house. It needs renovation and upgrades, as it is almost a 42 years old construction. It consists of 3 good sized bedrooms, a separated kitchen and is a detached house with large land. It is located in Troodos mountains, in Kapedes overlooking the village and the mountains.
The house is located in the evergreen surrounding forests, 30 minutes drive from the center of Nicosia city and the airport of Larnaca.
The elevation of Kapedes is around 670m high and the temperature is 10 degrees lower than on the coast, the smell of pine needles and forests is everywhere.
Thanks to the pine forest, the climate of this place is curative, mild and excellent for all people, especially those with pulmonary, neurotic, hypertensive diseases, as well as for the elderly and children.
The temperature in this place ranges from -2 C in winter to +32 C in summer. The windows offer a beautiful view of the village and the surrounding mountains. When winter comes, there is often snow. Kapedes village is well-developed infrastructure with a restaurant, grocery store, and public school and it's just 10-15 minutes away from Tseri Municipality which has almost everything that the city has to offer.
Nicosia - Limassol highway is just 18 minutes away with a car
4 BED | 1 BATH | REF: H-124187
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From 140 (sqm)
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3 BED | 1 BATH | REF: H-123843
From 130 (sqm)
Land Size : 530 (sq.m.)€125,000 VIEW DETAILS