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: €275,000
Own Contribution (25%): €68,750
Loan Amount (75%): €206,250
Interest rate: 3%
Years of repayment: 30 years
The project is located within 100m from the public primary school and 2 minutes drive from the private International School of Pafos, supermarket, and bakery. Pharmacy is within 4 minutes drive. The city centre is a five minutes drive to the south and the Tsada golf course is 10 minutes to the North.
The Villas are located in a secure neighbourhood with friendly people. The villas are built based on the European earthquake code, ensuring the highest possible quality. They are sound and thermal proof giving first class efficiency. This will result in low electricity bill all over the year. For the water, we use a solar panel for heating and the famous pipe in pipe system for the water distribution. All windows are double glazed ensuring thermal and sound insulation.
We use marble for the stairs and 4cm granite for the kitchen. All rooms of the house have provision of air conditioning.
When you enter into the villas you find the stairs in one hand and kitchen to the other. In front of the kitchen is the dining room. The kitchen has French patio doors leading to a covered veranda. In front of the stairs is the living room with French patio doors to the garden. Below the stairs there is a guest toilet.
On the first floor you can find the three bedrooms. One is next to the family bathroom, and the other is next to the main bathroom and shares the first-floor veranda. The spacious main bedroom has ensuite facilities. The roof garden has a panoramic view of the city.