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: €1,000,000
Own Contribution (25%): €250,000
Loan Amount (75%): €750,000
Interest rate: 2%
Years of repayment: 30 years
Resale 4 Bedroom House plus Attic-Office and a Private Entrance Basement Studio plus Mature Garden
This luxury four bedrooms plus attic-office house is located at a quiet residential area of Nicosia, borders of Strovolos. Its location is ideal, with an easy access to the highways and close to the centre of Nicosia.
The Property is situated on two Plots 542m2 and 533m2 respectively while the covered area of the house is estimated to be 400 m2 located on the first plot which is a corner one. The second plot is part of an extended garden with flowers and fruits. The property is adjacent to a public green area and a public pathway.
At the basement there is a 50 m2 studio with Kitchenette and shower room that can serve as a maid’s room or a guest room. At the basement there is also an independent engine room with boiler. The house is served by a covered parking area for 3 cars with remotely operated iron gates.
Entering the main house reminds you a traditional English cottage house with wallpapers on the walls and wooden crossbeams on the ceilings. The floors are covered with unique ceramics imported from Italy. An interesting detail is the wooden exterior windows that reminds you of the traditional old houses of Cyprus, which are placed on the interior side while the glass double glazing windows are placed on the exterior, providing in this way both protection to the wooden sections and at the same time giving an elegant style to the house.
On the Ground floor there is a living Room with a real fireplace and a TV area, a dining room with a large sofa area and a separate kitchen with a dining area and a Kitchenette Utility Room leading to a covered Veranda. There is also a guest’s toilet room.
An elegant staircase leads to the bedroom floor where there is a Master Bedroom with en-suite bathroom and a walking wardrobe, 3 Bedrooms (anyone can be used as extra office or playroom), Family Bathroom and a Kitchenette area. The bedrooms are each very different from the others in character with the walls covered with different wallpaper.
An interesting part of the house is the Attic-office on the 2nd floor which consists of a wooden build-in office, a large sitting area with a table and wooden build-in library shelfs. At the attic there are also two large attic storage areas.
Note that most furniture and appliances can be negotiated in the final price.