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: €480,000
Own Contribution (25%): €120,000
Loan Amount (75%): €360,000
Interest rate: 2%
Years of repayment: 30 years
A two-storey four bedroom house (No. 16 b) part of a complex of three houses with communal facilities in Strovolos, Nicosia. The house consists of an open plan sitting and dining room, a kitchen with a secondary living room, a guest WC, and a laundry room, on the ground floor. On the first floor, four bedrooms the master with en-suite wardrobe, and a family bathroom. The property is equipped with double glazed windows and oil boiler floor heating. The house has covered parking spaces at the basement and the right of use of a communal swimming pool. The wider area of the property is mainly developed with residential units such as houses and apartments. It enjoys good accessibility to the Nicosia center and the wider area due to its close proximity to Nicosia-Limassol Motorway and to Spyrou Kyprianou Avenue. The asset is currently rented.