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: €350,000 Own Contribution (25%): €87,500 Loan Amount (75%): €262,500 Interest rate: 3.6% Years of repayment: 30 years
More Information
Status: Resale/Used
Age: 10 Years
Total No of Floors: 2
Plot/Land Size: 430sqm
Reference: H-123307
Energy Efficiency Certificate: In Progress
Property Description
Charming three bedroom detached house available just 300m to the Sea. A fabulous opportunity to own property within walking distance to the sea. Zygi Marina is only two minutes by car and a number of popular beaches are close by. This lovely residence is located in a small gated development and offers privacy and security within a quiet residential environment. A beautiful garden area is located to the rear of the property which can easily accommodate a swimming pool. Inside there is a cozy open plan living area with double bedroom on the ground level. The first level has two double bedrooms with the addition of another room. The extension on the property has provided another 29m2 of internal area. The residence is currently being utilized for short term rentals and can offer a healthy 7% yield. For long term rental, a 5% return can be enjoyed. This property is also ideal for a permanent residence, retirement property or holiday home. The location is excellent as it is situated just 20 minutes to Limassol, 20 minutes to Larnaca Airport and 25 minutes to Larnaca. The property is offered at a very competitive price. Please call for further information and a viewing.