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: €234,000
Own Contribution (25%): €58,500
Loan Amount (75%): €175,500
Interest rate: 2%
Years of repayment: 30 years
This asset is a two storey building in Spilia, Nicosia. The asset consists of two levels:- a ground floor of 115sqm which comprises of an open plan living/dining room and a kitchen, a fireplace, three bedrooms (one of which is ensuite), a bathroom with shower and a covered veranda of 6sqm. - and a first floor of 65sqm which comprises of an open plan living/dining room, a fireplace and a kitchen, two bedrooms, a bathroom and an uncovered veranda of 50sqm.The immediate area of the property comprises of wooodland as well as undeveloped parcels of land and some residential developments. The area enjoys easy access to Nicosia-Evrychou-Kakopetria road.