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: €290,000
Own Contribution (25%): €72,500
Loan Amount (75%): €217,500
Interest rate: 2%
Years of repayment: 30 years
For sale 3 bedroom house in Margi in excellent condition, only 15 minutes drive from Nicosia. It has easy access to the highway. The property has 125 sq.m internal area plus 130 sq.m covered veranda with barbecue, and is built on a plot of 7916 sq.m. It consists of a living room with fire place, open plan kitchen, 3 bedrooms plus wardrobe, shower,3 a/c units, solar panels, garage for 3 cars and a large store room. There are also all kinds of fruit trees and three phase power supply. Possible exchange for a plot in Nicosia.
